Receiver steps up efforts to expedite Action on Customer Claims

The Receiver of the 347 Micro-finance Companies and the 23 Savings & Loans and Finance Houses whose licenses were revoked by the Bank of Ghana on 31 May 2019 and 16 August 2019 respectively, has informed the general public and affected depositors about efforts being made to expedite action on their claims and speed up payments.

It would be recalled that in an interview towards the end of last year, the Receiver expressed his commitment to seeing to it that creditors’ claims were dealt with in a timely fashion.

In a press release signed by Spokesperson Philomena Kuzoe, the Receiver unveiled a new location where Validation Teams are to be relocated.

The Release announced that the Teams will be stationed at the former head office of UNICREDIT Savings and Loans, No. 3 North Ridge Lane, North Ridge, Accra, (near Accra High School) effective Monday, 27 January 2020.

The Press Release, further explains that members of the validation team are to expeditiously attend to depositors regarding validation and payment of their claims.

The Public have also been reminded that they may visit maintained branches of the closed Companies for loan repayments and any other inquiries relating to the receivership.

Below is the full release

THE MATTER OF THE BANKS AND SPECIALISED DEPOSIT-TAKING INSTITUTIONS ACT, 2016 (ACT 930) AND IN THE MATTER OF THE RECEIVERSHIPS OF THE 347 MICROFINANCE COMPANIES AND THE 23 SAVINGS & LOANS AND FINANCE HOUSE COMPANIES NOTICE TO DEPOSITORS Relocation of the Validation Teams of the Receiver: The Receiver of the 347 Microfinance Companies and the 23 Savings & Loans and Finance Houses Companies whose licences were revoked by the Bank of Ghana on 31 May 2019 and 16 August 2019 respectively, Eric Nana Nipah, wishes to inform depositors of these institutions and the general public that the Receiver’s Validation Teams will be relocated from the Project Office, 25B Manet Towers-Airport City, to the former head office of UNICREDIT Savings and Loans, No. 3 North Ridge Lane, North Ridge, Accra, (near Accra High School ) effective Monday, 27 January 2020. This is to allow for members on the teams to speed up the validation process and expeditiously attend to depositors regarding the validation and payment of their claims. Stakeholders are however advised to visit operating branches of the resolved Companies for loan repayments and any other enquiries relating to the receiverships.

Please note that the working hours for the operating branches of the resolved Companies remains 8:00am to 5:00pm, Mondays to Fridays.

For further information, you may reach out to the Call Centre on the numbers below: For acknowledgement of receipt of claims 0302 960 210 0302 960 023 0302 960 024

For Issues concerning Validation 0302 960 197 0302 960 198 0302 960 199 0302 960 208 0302 960 209

For Issues concerning Payment 0302 960 025 0302 960 026 0302 960 377 0302 960 369 0302 953 518 0302 953 519

Contact: Philomena Kuzoe Spokesperson for the Receiver Tel: + 233(0) 20 4904250/ 0550000966 Email: [email protected]