IMPORTANT UPDATE FOR CLIENTS – RESOLUTION OF FINANCIAL CRISIS BY END OF THE YEAR (February 14, 2024)

March 20, 2024

February 14, 2024 – Accra: IGS Financial Services Limited (IGS), is pleased to inform its valued clients and
stakeholders that according to the International Monetary Fund (IMF), the Bank of Ghana (BOG) shall provide a
resolution to distressed Specialized Deposit-Taking Institutions (SDIs) by the end of the year. This follows our
last update about the announcement by the Government regarding the allocation of GHS4 billion in the 2024
budget to, among others, address distressed SDIs and other legacy challenges in the financial sector.

For more: Important Update – RESOLUTION OF FINANCIAL CRISIS BY END OF THE YEAR

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