Ghana news briefing
Full list: BoG names 20 unlicensed loan apps operating in Ghana
By GhanaSummary Newsroom1 min read
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The Bank of Ghana (BoG) has identified 20 mobile loan applications operating without the requisite licence or authorisation to provide digital credit services in Ghana.
Johnson Pandit Asiama, Governor of the Bank of Ghana (BoG) The Bank of Ghana urged members of the public to avoid dealing with unlicensed digital credit providers.
The central bank also warned that the operations of the unlicensed entities pose concerns relating to customer data privacy, consumer protection and regulatory compliance.
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