The Bank of Ghana(BoG), has downgraded GN Bank to a Savings and Loans company.
By this, the bank owned by businessman Dr. Papa Kwesi Ndoum, has lost its banking license.
GN Bank was incorporated on May 30, 1997. The bank has in recent times faced liquidity challenges and is unable to meet depositors’ withdrawal.
More soon…
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By: citibusinessnews.com | Ghana
The post BoG downgrades Nduom’s GN Bank to Savings and Loans company appeared first on Citi Newsroom.
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