Help customers of collapsed financial institutions recover their money – Catholic Bishops to gov’t
The Ghana Catholic Bishops’ Conference has appealed to the government to help customers of the defunct banks and savings and loans companies to recover their locked up monies.
The Central Bank has over the past two years revoked the licenses of a number of banks, microfinance companies, and savings and loans companies.
Although the Catholic Bishops justified the move by the Central Bank to revoke the licenses of these financial institutions to save them from greater debt, they have expressed concern for the many Ghanaians whose monies are locked up and are pleading on the government to come to their aid.