{"id":180794,"date":"2016-01-11T09:11:42","date_gmt":"2016-01-11T09:11:42","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=180794"},"modified":"2016-01-11T09:11:42","modified_gmt":"2016-01-11T09:11:42","slug":"union-savings-loans-gets-banking-license","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/01\/union-savings-loans-gets-banking-license\/","title":{"rendered":"Union Savings & Loans gets banking license"},"content":{"rendered":"
Union Savings and Loans has been issued a provisional banking license by the Bank of Ghana.<\/p>\n
The development paves way for Union Savings and loans to begin operations as a universal bank.<\/p>\n
Citi Business News has gathered the license was issued in December 2015.<\/p>\n
Ghana will now have 30 universal banks from the 29 recorded last year.<\/p>\n
Union savings and loan will now have to meet the 120 million cedis minimum capital to operate a universal bank as against the 15 million cedis for a savings and loan company.<\/p>\n
Citi Business News has learnt Union Savings and Loans hopes to begin operations as a universal bank by June 2016.<\/p>\n
–<\/p>\n
By:\u00a0 Norvan Acquah – Hayford\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
Union Savings and Loans has been issued a provisional banking license by the Bank of Ghana. The development paves way for Union Savings and loans to begin operations as a universal bank. Citi Business News has gathered the license was issued in December 2015. Ghana will now have 30 universal banks from the 29 recorded […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[121,32],"tags":[],"yoast_head":"\n