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Savings And Loans Company
Savings and Loans Company is a statutory term used for non-bank financial institutions in Ghana. There are 37 Savings and Loans Companies released by the Bank of Ghana as at January 2017. Such institutions are licensed by the Bank of Ghana under the Financial Institutions non-Banking Law 1993 (PNDC The Provisional National Defence Council (PNDC) was the name of the Ghanaian government after the People's National Party's elected government was overthrown by Jerry Rawlings, the former head of the Armed Forces Revolutionary Council, in a coup ... Law 328). References Financial services in Ghana {{Ghana-stub A savings and loans limited is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. They are also known as thrift institutions in the United States, United Kingdom, Ireland and some Commonwealth countries. It is a system of banking (even though it is not a bank) where depositors and borrowers are members with vot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statutory
A statute is a formal written enactment of a legislative authority that governs the legal entities of a city, state, or country by way of consent. Typically, statutes command or prohibit something, or declare policy. Statutes are rules made by legislative bodies; they are distinguished from case law or precedent, which is decided by courts, and regulations issued by government agencies. Publication and organization In virtually all countries, newly enacted statutes are published and distributed so that everyone can look up the statutory law. This can be done in the form of a government gazette which may include other kinds of legal notices released by the government, or in the form of a series of books whose content is limited to legislative acts. In either form, statutes are traditionally published in chronological order based on date of enactment. A universal problem encountered by lawmakers throughout human history is how to organize published statutes. Such publications h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghana
Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and Togo in the east.Jackson, John G. (2001) ''Introduction to African Civilizations'', Citadel Press, p. 201, . Ghana covers an area of , spanning diverse biomes that range from coastal savannas to tropical rainforests. With nearly 31 million inhabitants (according to 2021 census), Ghana is the List of African countries by population, second-most populous country in West Africa, after Nigeria. The capital and List of cities in Ghana, largest city is Accra; other major cities are Kumasi, Tamale, Ghana, Tamale, and Sekondi-Takoradi. The first permanent state in present-day Ghana was the Bono state of the 11th century. Numerous kingdoms and empires emerged over the centuries, of which the most powerful were the Kingdom of Dagbon in the north and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Ghana
The Bank of Ghana ( BoG) is the central bank of Ghana. It is located in Accra and was formed in 1957. The bank is active in developing financial inclusion policy and is a member of thAlliance for Financial Inclusion History The Central Bank of Ghana traces its roots to the Bank of the Gold Coast (BGC) or Ghana Commercial Bank, where it was nurtured. As soon as local politicians and economists saw political independence in sight in the mid-1950s the agitation for a central bank was revived. It was argued that a central bank was one institution which would give true meaning to political independence. It may be recalled that way back in 1947 some leading politicians had called for the establishment of a national bank with central bank functions to act as banker to government and to cater for the indigenous sector of the economy. Proposals of the advocates for a central bank were accepted and in early 1955 another select committee was set up by the government to take a new loo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PNDC
The Provisional National Defence Council (PNDC) was the name of the Ghanaian government after the People's National Party's elected government was overthrown by Jerry Rawlings, the former head of the Armed Forces Revolutionary Council, in a coup d'état on 31 December 1981. He remained in power until 7 January 1993. In a statement, Rawlings said that a "holy war" was necessary due to the PNP's failure to provide effective leadership and the collapse of the national economy and state services. The PNDC was a military dictatorship that induced civilians to participate in governance. Most of its members were civilians. Its policies reflected a revolutionary government that was pragmatic in its approach. The economic objectives of the PNDC were to halt Ghana's economic decay, stabilize the economy, and stimulate economic growth. The PNDC also brought a change in the people’s attitude from a 'government will provide' position to participating in nation-building. The PNDC provided a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
