Alhaji Iddi Sumaila, President of the Association of Bullion Operators Ghana (ABOG), has disclosed that starting July 1, 2023, only armoured bullion vans will be used. According to him, no soft-skinned vehicle will be utilised to convey cash. He stated that the Association is dedicated to ensuring that all banks …
Read More »Banks procure armoured bullion vans to protect money, lives
Banks in Ghana have procured 60 armoured bullion vans to ensure safe carting of money and the protection of lives, Mr John Awuah, Chief Executive Officer (CEO) of the Ghana Association of Bankers, has said. He said the special purpose vehicles with siren, tracking devices, bullet resistant glass and other …
Read More »BoG in talks with Kantanka on production of armoured bullion vans for banks
In December last year, the Bank of Ghana (BoG) after a meeting with cash operation managers directed all deposit-taking institutions to acquire armoured bullion vans for cash operations. Six months down the line, not much has been seen in that regard. Recent attacks and subsequent loss of life of a police …
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