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Central Bank Takes over Bayba Financial Services

thepoint.gm - This paper has learn through authoritative official sourcesthat the Central Bank of The Gambia (CBG) has decided to take possession ofBayba Financial Services and Savings and Credit company with effect from April25th2008. In a notice issued to the generalpublic, CBG informed that acting under section 42 of the Financial InstitutionsAct (FIA) has seized the said Financial Services with a view to assumingoverall managerial role over it. The arrangement, our sources went on, is tailored to...» view full story
Story located in: africa » gambia
Submitted By: thepoint
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