Don’t panic; keep doing business with rural banks – BoG
The Bank of Ghana has denied social media rumours that its intended clean-up of the rural and community banks sector will cause depositors to lose their funds.
In a statement, the central bank said its attention “has been drawn to malicious messages circulating on social media platforms such as WhatsApp and Facebook that an intended ‘clean up’ of the Rural and Community Banks (RCBs) sub-sector would negatively affect depositors fund with RCBs, urging them to move their funds to other institutions”.
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