Going forward, the passing by Parliament of The Banks and Specialised Deposit-taking Institutions Bill, and the Ghana Deposit Protection Bill, will be crucial to our efforts to ensure that confidence is maintained in the banking sector. The two Bills will, among other things, offer protection for the small depositor, and deal extensively with the problem of unauthorised deposit taking business.
2  BIS central bankers’ speeches  The Bank of Ghana will continue to provide a sound regulatory environment for the MFI sector while expecting MFCs to engage in prudent activities aimed at protecting customer depositors, maximizing profits and providing meaningful financial services to the rural poor at affordable prices.