NCBA Group, a financial lending group in Kenya, is postponing its plans to roll out digital banking services in Ghana to 2025.
The postponement came after the Bank of Ghana changed some rules and asked the lender to reapply.
Details
NCBA had worked toward rolling out online banking in Ghana toward the end of this year.
The group currently operates in six African countries. The move to Ghana would make NCBA the first Kenya lender to operate in Ghana.
What They’re Saying
“As soon as we have those approvals — we get them this year — the intention is to launch next year.” Group Chief Executive Officer John Gachora said.
Source: Bloomberg
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