Savings and Loans Companies have lauded the Central Bank in its efforts to provide liquidity support to the above institutions to mitigate the effects of the coronavirus pandemic.
The Bank of Ghana had earlier on announced to maintain its policy rate at 14.5% and it believes that, the support to the Savings and Loans Companies would boost their operations and shore up the economy.
Executive Secretary of the Association of Savings and Loans Companies, Twebeboah Kodua Wiafe in an interview lauded the Central Bank, and believes their support to the Small and Medium Scale Enterprises (SME) would be boosted.
Audio of Executive Secretary of the Association of Savings and Loans Companies, Twebeboah Kodua Wiafe
Godfred Sey/Ahotornews
