BoG directs all financial institutions to serve public


The Bank of Ghana has asked all Banks, Saving and Loans Companies, Finance Houses, Microfinance Institutions and Forex Bureaux to trigger their business continuity plans with the minimum number of staff to serve the public amid the Government lockdown measures in parts of the country.

The Bank has, consequently, urged the public to refrain from panic withdrawals but observe all health and safety protocols laid down by the Government and relevant authorities.

A statement signed by Ms Sandra Thompson, the Secretary of Bank, on Saturday, said the action was to ensure that the doors of financial institutions were open to the public with the full functionality of Automated Teller Machines (ATMs), electronic channels and all other payment platforms.

It explained that this followed President Nana Addo Dankwa Akuffo-Addo’s address to the nation on Ghana’s enhanced response to the COVID-19 pandemic, last Friday, which exempted banks and other financial institutions from lockdown in 40 localities in the Greater Accra Metropolitan and Greater Kumasi Metropolitan and contagion districts.

The restriction of movement measures take effect at 0100 hours on Monday, March 30.

The statement urged all financial services to observe all health and safety protocols earlier communicated and as advised by the Government, the Ministry of Health, the Ghana Health Service and other relevant authorities in relation to the COVID-19 pandemic.

Source: Ghana News Agency

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