IMPORTANT INFORMATION FOR CLIENTS_ UPDATE ON OUTSTANDING PAYMENTS (III)

December 1, 2021

December 01, 2021 – Accra: IGS Financial Services Limited wishes to update clients on key developments in
the financial sector as part of efforts to recover and pay outstanding payment requests made by clients.

IGS Financial Services Limited made a number of fixed deposit investments, on behalf of our clients. These investments are currently with The Seeds Funds Savings & Loans Limited (TSF) and Jislah Financial Services
Limited (Jislah), both licensed by Bank of Ghana. Although, these two institutions remain open and operational,
they have been unable to make payments to us for onward payment to clients as expected. The recent financial
crises created panic withdrawals, which resulted in the on-going liquidity issues affecting the specialised deposit taking (SDI) sub-sector and other institutions in the financial sector.

Kindly read more with this link:https://igsghana.com/downloads/2021/12/IMPORTANT-INFORMATION-FOR-CLIENTS-_UPDATE-ON-OUTSTANDING-PAYMENTS_DEC_.pdf

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