Pulse.com.gh logo
Go


Banking In Ghana Every Ghanaian to get a bank account in 2018 - Bawumia

The Vice President, Dr Mahamudu Bawumia who disclosed this said that the move is to ensure a digitized economy in Ghana.

  • Published:
play Dr Mahamudu Bawumia

The government will from 2018 ensure that every Ghanaian has a bank account.

The Vice President, Dr Mahamudu Bawumia who disclosed this said that the move is to ensure a digitized economy in Ghana.

The vice president was speaking at the official opening of the 2017 Innovation Week organised by the Kofi Annan-India Centre of Excellence in Accra.

READ ALSO: There are too many banks in Ghana – Barclays MD - Pulse.com.gh

He indicated that over 70 percent of the country’s population do not have bank accounts.

The government’s move is, therefore, to reverse the trend.

Small business owners and traders have often outlined a number of reasons for shunning banks.

READ ALSO: These banks will give you a loan for ... - Pulse.com.gh

Many say that this is due to the cumbersome procedures involved in opening accounts and the high interest rates charged on loans.

Others also do not also trust the banking system and complain of difficulty in accessing funds.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Investment banks in Ghana Top 5 investment banks in Ghana and why you...bullet
2 Banking Crises Joe Jackson urges BoG to ‘rate’ banks to restore confidencebullet
3 Tax Policy Gov't weighs in on controversial MoMo taxbullet
4 Salaries In 2018 Here are the dates public workers will be paid in...bullet
5 Duncan Amoah Fuel prices up by 2%; COPEC calls for dialogue on...bullet
6 Education Top 5 private high schools in Ghana according to WAECbullet
7 Breaking Otabil finally breaks silence on banking controversiesbullet
8 Banking In Ghana Stranded customers of First Allied...bullet
9 Incompetence Otabil wasn't qualified to be Capital Bank...bullet
10 How to create a verified PayPal account Learn how to...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 Former Capital Bank staff grills pork for survivalbullet
3 Plane Crash Starbow suspends operations following plane crashbullet
4 Money Alert Meet Africa's richest womanbullet
5 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
6 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
7 Support Finance minister buys Kantanka carbullet
8 Bozoma Saint John 10 quotes from Uber top official,...bullet

Business