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    Home»Business»BoG statement on OTC withdrawals was timely – Ghana Association of Banks
    Business

    BoG statement on OTC withdrawals was timely – Ghana Association of Banks

    ZamZam UpdateBy ZamZam UpdateMay 16, 2025No Comments2 Mins Read
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    The Ghana Affiliation of Banks has described the assertion of the Financial institution of Ghana as well timed, arguing that it has gone a good distance in coping with some disruptions that have been creating resulting from earlier feedback on the Over-the-Counter withdrawals.

    The Chief Govt Officer, John Awauh, disclosed this in an interview with Enterprise Dwell on JoyNews.

    Mr. Awuah mentioned the banks have additionally issued an announcement to guarantee all their prospects to stay calm.

    It is because “Could 15, 2025, we noticed some uncommon motion, which we attribute to the interview granted by the Financial institution of Ghana board member, Isaac Adongo”.

    Urging Calm and Assuring International Forex Depositors

    The Chief Govt of the Ghana Affiliation of Banks, John Awuah, urged all overseas foreign money depositors to stay calm, insisting banks stay dedicated to facilitating official withdrawals.

    “All prospects ought to stay calm and assured within the integrity of the banking system,” Mr. Awuah added.

    The Chief Govt of the Affiliation of Banks confused that “Banks proceed to function throughout the regulatory framework supplied by the Financial institution of Ghana, and stay dedicated to facilitating official overseas foreign money wants of people and companies.”.

    “We’re subsequently assuring that banks in Ghana stay absolutely dedicated to upholding the rights of shoppers with respect to official overseas foreign money wants of people and companies”, he concluded.

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