Akufo-Addo says Failed Savings and Loans, Microfinance Institutions will payout on Monday

“I wish to repeat that all depositors of the savings and loans and microfinance institutions, consisting of DKM which collapsed in 2015, will get 100% of their deposits, too, once the recognition workout is concluded, and I am informed that the Receiver of the Cost Savings and Loans and Microfinance organizations will begin, on Monday, 24th February, paying to their clients, this cash, totalling five billion cedis, being in addition to the thirteen billion cedis being paid to the consumers of the failed banks.” These were the words of the…

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