According to BoG, these unlicensed parties’ conduct violates laws governing data protection and privacy as well as their duties to protect consumers. The Best Online Loans Available In Ghana Without Collateral may be found here.
The Bank of Ghana has noted that certain unlicensed organizations are giving loans to Ghanaians in violation of the 2016 Banks and Specialized Deposit-Taking Institutions Act (Act 930). The management of the Central Bank issued a warning in a statement dated August 22, 2022, warning that these illicit businesses mostly use social media and mobile applications in their operations.
Which institutions have Ghanaians been warned against borrowing money from?
Among those offering loans in Ghana without necessary license from the BoG are these 19 institutions:
Among those offering loans in Ghana without necessary license from the BoG are these 19 institutions:
1. SikaPurse Quick Online loan
2. 4Cedi Instant Mobile loan application
3. Zidisha Online Loans
4. GhanaLending Application
5. ChasteLoan Application
6. LoanClub-Ghana Instant Loan
7. AdamfoPa Loan
8. MetaLending- Instant Cash Loan
9. Wohiasika Loan (Ghanaloan.Net)
10. Boseafie – Bosea Micro-Credit
11. SikaKasa Online Lending
12. LoanPro – digital and instant loan
13. SikaWura Loan Application
14. BegyeBosea Loan
15. LendingPapa – Online Loans
16. CrestCash Loan
17. Credxter – Loans and Hire- Purchase
18. MobiLoan Application
19. Cedi Now – Cash Loans Application
The general public was further urged to notify the Bank of Ghana of any suspicious behavior via the following contacts;
Financial Stability Department
Bank of Ghana
No. 1 Liberia Road
P. O. Box GP2674
Accra, Ghana
Tel.: 030 266 5005; 059 691 2354; 050 150 2270
Email: [email protected]
