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MIDLAND CRISES: BANK DENIES LIQUIDITY CHALLENGES

Staff of Midland Savings and Loans have told GH One business they failed to open their facility to the public because some staff received death threats from a section of the public.

They have however assured customers they would fully open to the public on Tuesday July 24 after the police provided ample protection for staff and property.

At a brief conference to update the press on measures taken by management of Midland Savings and loans after the assault on a customer in their banking hall, the head of customer care of Midland Albert Ransford Nyarko said they were ready to serve their customers provided the police were prepared to offer them ample protection.

District Commander of the Airport Police Chief Supt Kwabena Asante urged customers not to resort to violence in their quest to retrieve their funds from the savings and loans.The executive secretary of the Ghana Association of Savings and Loans Companies Tweneboah Kodua debunked assertions that the savings and loans industry is facing liquidity challenges.

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