BoG names 20 illegal loan apps operating in Ghana, warns public: Full list, how to report and stay safe

The Bank of Ghana (BoG) has published a fresh list of twenty (20) mobile loan applications operating in the country without the requisite licence or authorisation from the central bank, reigniting concerns over the proliferation of unregulated digital lending platforms targeting Ghanaian consumers.

Governor of the Bank of Ghana, Dr Johnson Asiama With digital lending becoming increasingly popular in Ghana, consumers are being urged to take basic precautions before borrowing from any mobile loan application.