Mr. John Mahama has promised to restore the licenses of banks that he believes were wrongly shut down if elected president.
His government, he said, will create a tier banking system that will boost Ghana’s financial sector.
The newly-elected 2024 presidential candidate of the NDC made the promise in his formal acceptance speech on Monday, May 15, 2023, at the University of Development Studies (UDS) in Tamale.
John Mahama was declared the flagbearer of the NDC on May 13, 2023, after the party’s presidential primary.
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He said, “We shall promote robust, local participation in our banking and financial, telecommunication, tourism, mining, and agric and manufacturing sectors to grow our economy and create sustainable employment for our youths.
“We will restore indigenous Ghanaian investments in the finance and banking sector.”
“We will create a tier banking system that will serve various segments of the market,” he added
According to him, he will ensure those who lost their jobs in the 2019 banking sector clean-up exercise are re-employed.
“We will give the opportunity to experience banking hands who were laid off needlessly to secure their careers once more and move away from the menial jobs that they were compelled to take.
“As far as practicable, we will restore the banking licenses that were unjustly cancelled by this,” he added.