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Formalise Robust Third-Party Collateral Policies – BoG To Banks
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Formalise Robust Third-Party Collateral Policies – BoG To Banks
Dr. Johnson Asiama The Bank of Ghana (BoG) has urged banks to formalise robust policies governing third-party collateral arrangements to reduce growing fraud risks associated with such transactions. Speaking at the opening of the Post-130 Monetary Policy Committee (MPC), engagement with Heads of Banks, Governor of the Bank of Ghana, Dr. Johnson Asiama, said the Central Bank has observed instances involving fraudulent land title documentation u…
·Ghana
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