Some customers of Group Nduom Bank (GN Bank) in Sunyani, the Brong Ahafo Regional capital, have complained bitterly about their inability to withdraw their monies from the bank.
The aggrieved customers pleaded with the media to make enquires for them, but officials of the bank were hostile to media personnel who travelled to the offices to ask questions.
Several attempts by BUSINESS GUIDE to speak to branch managers or regional manager of the bank proved futile.
Owing to the problem, many customers besiege the offices of the bank on a daily basis to withdraw their monies.
To avoid clashes between the bank officials and customers, several police personnel have been stationed at the bank.
Lucky Kuwordor, who saves with Sunyani Area 3 branch, said “I have been trying since last week to withdraw GH¢850 from the bank. The branch manager told me there was no money to pay me. I asked him to keep my cheque so that I would come for my money when it’s ready but he refused. He told me he has many cheques so he would not take another one. My children have been sacked from school and I don’t know what to do.”
Other customers, who pleaded anonymity, told the paper that all efforts to withdraw money from their accounts at the bank had proved futile.
Some bank officials and security personnel at Area 4 threatened to beat up reporters from UTV and BUSINESS GUIDE last Friday.
The paper was told the branch manager was absent.
More police personnel guarding GN Bank premises at Sunyani to forestall possible clashes between customers and bank officials.
Source: Daily Guide
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base on ***barred word*** of our local banks it is discourage the youth of Ghana to put their money in local bank. i want to Accra Medina branch for only two thousand Ghana cedis from my account to solve my my family problems but the branch maneger said their is no money in any GN bank unless the end of the month which is ***barred word*** to me so because of that i told the branch maneger that i have no problem but when i come next month and i haven't get my money i will put padlock on the door
papa kwesi ndoum should be arrested because my ten thousand is there which they are refusing to say anything sensible to me at Kintampo they are even angry to see you in the bank. Please arrest Papa kwesi now. Bank of Ghana please come to people aide or else invite papa kwesi now.
@ Kwasi, the last time I checked at Adum branch GCFM, the office had been closed without any notice to customers. it's sad. lets hope our cash is paid back soon.
The most annoying thing is that, customers are taken for granted, no one explains to customers what the exact situation is. GCFM, Adum branch (Kumasi) keeps telling unfounded stories everyday. As at now, no one knows when he/she will get back their accrued investment. I'm highly disappointed in Ndum and his group. #pay back our monies#
It is a grand scheme by some political parties to destroy Dr. Nduom.
Please calm down . You will get your money. If we keep doing this the bank will collapse. Let’s support local banks
BOG should step in and say something to calm people,if this continues,our local banks would collapse
How can Ghana survive beyond aid without the support of local banks. BOG must come out to eduate the general public. Lets not collapse our banks.
In situations like this we expect the government to step in to curb and make sure the people in the country don’t get the wrong impression on how things are going. Otherwise soon all our local banks will be completely out of the system. We need them especially GN Bank and it’s other financial institutions.
Not GN bank alone GN Gold coast fund management customers too are angry. Government has to intervene because this is legalised entity. They said menzgold operation is illegal and has stopped their operations and those they claimed are legitimate too are not able to pay their customers.