Prosecute all loan defaulters: ADB boss to rural bank managers
The Managing Director of the Agriculture Development Bank (ADB), Dr John Kofi Mensah, has warned all rural bank Chief Executive Officers to immediately arrest anybody who has defaulted in paying bank loans and send them to court for prosecution.
According to him, most rural banks are on the verge of collapse due to bad loans.
He warned all the rural bank managers in the country to be vigilant, as people have decided to take huge bank loans and not pay it back.
He called on bank managers to check all the bank requirements before giving out loans.
Dr Mensah was speaking in an interview with Class 93.1 FM's Nana Tawiah during the 39th Annual General Meeting of the Enyan Denkyira Rural Bank in the Central Region.
An officer from the Apex Bank, Mr Emmanuel Korankyi, also urged all bank clients and shareholders to link their Ghana card to their bank accounts.
He explained that the failure of the customers to link their bank details with their Ghana card will affect their bank transactions.
He further reminded clients and shareholders that accounts may be deleted from the system if they failed to link their bank details with their Ghana Card.
Source: Classfmonline.com
Trending News
Greater co-operation key to safeguarding maritime domain - Akufo-Addo
14:50Jesus died for people in his era, not for me – Kyiri Abosom
06:53Lands Minister gives FGR deadline to revamp its mining operations; assures workers of commitment to their welfare
17:22Ashanti ECG workers go red, ban managers from security meetings over GM's arrest
12:09AstraZeneca and partners launch transformative Cancer Care Africa programme in Kenya
12:06We can't compel Akufo-Addo to receive anti-LGBTQ+ bill - High Court
11:26NDC postpones Opoku-Agyemang entry tour to May
06:552024 polls: Our ‘real challenge’ is getting ‘un-bothered’ youth to vote – ARC’s Abu Sakara
12:53Akufo-Addo's 'get-up-before-greeting-me' posturing at Chiefs ‘a recognition of their esteemed role in society' - Asa B
12:00I just want to bring back Nkrumah’s state-enterprises – Kyiri Abosom
06:53