The Bank of Ghana has advised the general public to refrain from panic withdrawals, giving that financial institutions would still remain open during the lockdown period.
This was contained in statement issued by the central bank, on March 28, 2020.
The advice follows the address to the nation by the President of the Republic, Nana Addo Dankwa Akufo-Addo, on Ghana’s enhanced response to the coronavirus pandemic, on Friday, March 27, 2020.
Pursuant to the Lockdown, the BoG has directed the Banks, Savings and Loans Companies, Finance Houses, Rural and Community Banks, Microfinance Institutions and Forex Bureaux to trigger their business continuity plans with minimum number of staff.
The Banks are to ensure their doors are open to the general public and Automated Teller Machines (ATMs), electronic channels and all payment platforms are functional.
The central bank reiterates its earlier advice that financial institutions observe all health and safety protocols as advised by the Government of Ghana, the Ministry of Health, the Ghana Health Service and other relevant authorities, in relation to the COVID-19 Pandemic.
