Ghana news briefing
BoG reviews non-interest banking license applications for two banks
1, GNA – The Bank of Ghana (BoG), banking sector regulator, is currently reviewing the license applications for non-interest banking operations of two commercial banks, an addition to the one bank that requested earlier this year.
He noted that one application was for the establishment of a fully-fledged non-interest bank, while the second licence application came from a local bank already in operation that wished to introduce non-interest banking instruments alongside its conventional services.
The second is one of the banks already in operation – a local bank that wants to introduce some of the instruments under non-interest banking,” Dr Asiama said.
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