Customers of SIC Life Savings and Loans branch in Koforidua are seething with anger over inability yo withdraw their savings from the banking institutions.
According to the customers, the situation has existed for weeks now affecting many families and businesses.
“Whenever we go there they tell us there is no money.We should go and come .I have about Ghc50,000 savings there I need money urgently only to be told there is not money that they will call me whenever money is available”…an angry customer said .
Mybrytfmonline.com gathered that many customers who went to withdraw their savings returned empty on Monday March 27,2023 as the institution had no money to give the customers.
SIC Life Savings and Loans is a banking institution that offers investment, financial, savings, and personal and firm loan services.
Sources say, the haircut by government on investment has affected operations of the bank.Again, government inability to pay matured bonds is also squeezing the state owe financial institution.
Additionally ,is indebted to the SIC Life Savings and Loans on other transactions all affecting the company.
Source:Mybrytfmonline.com/Obed Ansah
