Tag Archives: CBG

Defunct S&L customers confirm receipt of locked-up cash

Members of the Coalition of Affected Savings and Loans Customers have confirmed to Class FM that some of them have received the full payment of their locked-up deposits in cash while some are yet to get theirs as promised by the government. According to the Chairman of the affected customers, …

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CBG to resume full operations Thursday

The management of the Consolidated Bank Ghana (CBG) has said the bank will resume full operations on Thursday January 2. On Tuesday December 31, all CBG branches closed to the public at 2PM. A message to all customers from the management on Monday December 30 said : “Dear Valued Customer, …

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CBG done well paying clients’ locked-up funds – Ofori-Atta

The Consolidated Bank of Ghana (CBG), according to Finance Minister Ken Ofori-Atta, has “made considerable progress in term of paying depositors whose monies were locked up” with the seven individual local banks whose licences were revoked by the Bank of Ghana (BoG) and subsequently morphed into the bridge bank in …

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SEC lists CBG branches for investors to begin validation process

The Securities and Exchange Commission (SEC) will begin accepting relevant documents for the validation of investment claims on November 18, 2019, following the revocation of the licenses of 53 Fund Management Companies. In a statement, the SEC said designated branches of Consolidated Bank of Ghana Limited (CBG) will open to …

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Go to CBG for validation and payment – SEC to customers of Gold Coast, others

The Securities and Exchange Commission (SEC) has asked customers of the collapsed fund management firms to visit CBG branches from Tuesday to validate their documents in order to receive payments. According to the Deputy Director-General for SEC Paul Ababio, customers will receive text messages showing them the processes to receive …

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