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Banks Should Be Considerate On Loan Recovery From Client This COVID 19 Season.

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Banks Should Be Considerate On Loan Recovery From Client This COVID 19 Season.

News Release!

Techiman Bono East Region

Thursday 26/03/2020

BANKS SHOULD BE CONSIDERATE ON LOAN RECOVERY FROM CLIENTS THIS COVID SEASON———-NPP COMMUNICATIONS TEAM MEMBER

A staunch member of the New Patriotic Party (NPP) Mr Isaac Kwain have charged operators of various financial institutions in the country to be considerate in their loan recovery approach from their customers this Covid 19 season.
Speaking to journalists in Techiman Bono East Regional capital in an interview,Mr Kwain Isaac a leading and a Communications member of the New Patriotic Party ( NPP) said the novel corona virus pandemic have affected almost every aspect of the economy globally hence if banks decide to task loan defaulters to pay in full, there would be a lot of arrest because members would not be able to pay what they owe their respective banks .
To batress his point on the loans recovery during this hard time there should be a Memorandom of Understanding between Ghana Union of Traders Association (GUTA),Bank of Ghana (BOG),All Financial Institutions in Ghana , Ministry of Finance etc so that there would not be any tag of war between financial institutions and their clients during this difficult season.
To end his statement Mr Kwain said BOG should reduce the interest rate on all loan facility at Financial Institutions in the country so that during and after the corona virus pandemic the economy doesn’t crush.

Call Mr Isaac Kwain A member of the Bono East Regional Communications team on 0243664629/0206192775 for details

Source:Nana Sieh Amakye Classic FM Techiman Bono East Region

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