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Bank of Ghana Flags 20 Illegal Loan Apps, Urges Public to Avoid Them

Bank of Ghana Flags 20 Illegal Loan Apps, Urges Public to Avoid Them

The Bank of Ghana named 20 unlicensed digital loan apps and warned they pose consumer protection and data privacy risks. The central bank urged the public to report illegal lenders and use only approved providers, citing a notice dated August 3, 2026.

Original headline

BoG names 20 illegal loan apps operating in Ghana, warns public: Full list, how to report and stay safe