{
  "id": 12392108,
  "title": "Full list: Bank of Ghana names 20 unlicensed mobile loan apps",
  "url": "https://urgent.news/2026/10/06/full-list-bank-of-ghana-names-20-unlicensed-mobile-loan-apps",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T13:46:03.000Z",
  "source": {
    "name": "3News",
    "slug": "3news",
    "url": "https://3news.com/banking/full-list-bank-of-ghana-names-20-unlicensed-mobile-loan-apps"
  },
  "original_language": "en",
  "account": "The Bank of Ghana (BoG) has disclosed a list of 20 mobile loan applications that are operating unlawfully in Ghana. This action is part of the central bank's ongoing initiatives to regulate the digital credit market and safeguard consumers from unauthorized lending practices. In a public announcement, the BoG emphasized that these applications are breaching the guidelines for digital credit service providers in Ghana, established in September 2025. The central bank stated that the actions of these entities violate consumer data privacy, consumer protection regulations, and set guidelines. The BoG has warned the public against engaging with these unauthorized loan providers and has cautioned banks, Specialized Deposit-Taking Institutions (SDIs), and Payment Service Providers (PSPs) not to facilitate or process transactions on behalf of these unlicensed providers. The Bank of Ghana is committed to collaborating with relevant state institutions to identify and scrutinize unauthorized digital credit providers, with the goal of protecting consumers and maintaining the financial sector's integrity, safety, and stability. The central bank is also urging the public to report any instances of unlicensed loan providers to the Bank of Ghana.",
  "summary": "The Bank of Ghana has named 20 mobile loan apps operating without a licence and warned the public, banks and payment providers against dealing with them.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}