The Shai Rural Bank is inching towards insolvency after depositors panicked and reacted to alleged stealing and misapplication of funds by withdrawing their deposits in droves. A high ranking official of the bank, who pleaded anonymity, said loans were rampantly given out to both staff and favoured customers without recourse to banking rules and best practices. According to the source, for [...]
The post Shai Rural Bank Struggles To Stay Afloat appeared first on The Ghanaian Times.
Read Full Story
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS