The Ghana Association of Bankers is set to hold an emergency meeting to discuss the issue and other developments relating to the carting of currencies in and around the country.
This follows an attack on a bullion van yesterday around Korle Bu in Accra, in which two persons including a policeman providing escort were killed.
The Inspector General of Police, James Oppong Boanuh, has already directed all banks and financial institutions to provide fortified armored vehicles for carting of currencies by end of this month.
Joy Business is learning that the directive from the Inspector General will also be up for discussion with regard to the way forward and its implementation.
A letter sighted by Joy Business also shows that as far back as last year, the Bank of Ghana directed all financial intuitions to use armored bullion vans for cash transits.
However, most of the financial institutions are yet to comply.
Latest Stories
-
I am not ready to sign any artiste to my record label – Kuami Eugene
9 mins -
Gov’t spokesperson on governance & security calls for probe into ballot paper errors
12 mins -
Free dialysis treatment to be available in 40 facilities from December 1 – NHIA CEO
26 mins -
NHIA will need GHC57 million annually to fund free dialysis treatment – NHIA CEO
32 mins -
MELPWU signs first-ever Collective Agreement with government
58 mins -
I’ve not been evicted from my home – Tema Central MP refutes ‘unfounded’ reports
59 mins -
After Free SHS, what next? – Alan quizzes and pledges review to empower graduates
1 hour -
Wontumi FM’s Oheneba Asiedu granted bail
2 hours -
Alan promises to amend the Constitution to limit presidential powers
2 hours -
Ghana to face liquidity pressures in 2025, 2026 despite restructuring most of its debt – Fitch
2 hours -
NPP’s record of delivering on promises is unmatched – Bawumia
2 hours -
Mahama: It’s time to dismiss the incompetent NPP government
2 hours -
‘It’s extremely embarrassing’ – Ernest Thompson on Ghana’s AFCON failure
2 hours -
Today’s front pages: Monday, November 25, 2024
2 hours -
T-bill auction: Government misses target again; interest rates continue to rise
2 hours