Ghana Deposit Protection Act, 2016 (ACT 931)
[As substituted by the Ghana Deposit Protection (Amendment) Act, 2018 (Act 968), s. 2]Section 4—Membership of the Scheme(1) Subject to section 54 (3) and (4), a bank or a specialised deposit-taking institution that is licenced by the Bank of Ghana shall be a member of the Scheme.(2) A bank or specialised deposit-taking institution becomes a member of the Scheme when the Bank of Ghana informs the Corporation that that bank or specialised deposit-taking institution has been granted a licence by the Bank of Ghana to commence operations.(3) A bank or specialised deposit-taking institution that is established as a result of an amalgamation under section 6 (4) (d), may be issued with a licence and after that become a member of the Scheme.
Subject : Deposit protection schemeProcedure to Follow
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Responsible Institution
- Email: info@gdpc.gov.gh
- Website: www.gdpc.gov.gh
- GPS: GA-077-9067
- Telephone: 0302 739 656
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Online System
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