The Bank of Ghana in partnership with Trans media Network, has organized a two day training workshop for Journalist in the Northern sector of Ghana on financial Literacy and public awareness campaign in Tamale in the Northern Region.
The two day financial literacy campaign training saw a cross section of journalists from the Brong Ahafo , Upper West, Upper East and Northern regions and representatives from the bank of Ghana attending .
It was to create awareness on access to credit and credit reference bureau in other to improve and maintain a highly developed database for an accelerated credit market, assisting lenders to make informed decisions on credit with analytical tools to our socio- economic environment as well as to improve credit culture and access to credit.
Consultant and Financial expert with Frankfurt school of finance and management Mr. Mawuko Williams speaking explained that the campaign was to sensitize the general public on the credit references system and the collateral registry system adding that clients in the banking system are not properly informed on decisions of access to credit.
Mr. Mawuko Williams stressed that credit infrastructure was key to responsible credit systems such as collateral registry, credit bureau and insolvency regime.
He again revealed that the critical gap in micro, small and medium enterprises finance in Africa hinders jobs and growth.
The Chief Executive Officer of Trans Media Network Mr. Charles Mawusi, speaking said the company was supporting the bank of Ghana to create awareness and develop a campaign strategy to reach out to the public effectively.
He said the campaign was also to help Ghanaians understand the role of the collateral registry and the credit bureau.