Only 37 Savings and Loans Companies are licensed – BoG

The Bank of Ghana has put the number of licensed Savings and Loans Companies in the country at 37. 

This was contained in an official list of Licensed Specialized Deposit-Taking Institutions (SDIs) in the country issued by the Bank of Ghana. 

The list shows that there are 22 finance houses, two leasing firms and two finance and leasing firms that are also licensed to operate. 

It is not clear for now what might have influenced this publication, especially at a time that the BoG is considering closing down those that are said to be in financial crisis. 

 LIST OF LICENSED SPECIALIZED DEPOSIT-TAKING INSTITUTIONS (SDIs) AS AT AUGUST 31, 2018 

1. Accent Financial Services Finance House Accra No.8 Noi Fetreke Street Opposite Saudi Arabia Embassy Airport West, Accra. Tel: +233-302-738467 +233-302-738468 Email: inquires@accentfinancialservices.com 2. AFB Financial Services Ltd Finance House Accra 4 th Floor L’ Aine Office Kojo Thompson Road P.O. Box AN 7128 Adabraka Accra Tel: +233-302-208340 +233-302-208342 +233-302-208333 3. All Time Finance Ltd. Finance House Accra House No. 6 Boundary Road American House, East Legon PMB L89 Legon-Accra Tel: +233-501578010 +233-302-505108 4. ASN Financial Services Limited Finance House Accra P.O. Box 604 Kotobabi Accra Opposite Agrimart Firestone, Madina Accra Website:www.asnfinancialservices. com E- mail: info@asnghana.org Tel: +233-207900571 +233-268322177 +233-266856535 Page 2 of 13 5. Blue Financial Services Ghana Ltd. Finance House Accra Oxford Street, Osu – Accra P. O Box CT 3270 Cantonments Accra Tel : +233-302-770666 Fax : +233-302 764628 6. Chrisline Financial Services Ltd. Finance House Accra Hse No. C97/2 Ayikuma Avenue, off Kwame Nkrumah Avenue, Adabraka P. O. Box 4843, Accra Tel: +233-302-229552/223313/233331/ 233325/232263 Fax: +233-302-225935/316777 Email: chrislineinvest@yahoo.com 7. Crest Finance House Limited Finance Company Accra No.16 Dr, Amilcar Cabral Road Annex, Airport Residential Area Private Mail Bag CT 1, Cantonments, Accra Tel: +233-302-763116 / 233-302- 771137 Fax: +233-302-764628 : +233-302-771137 Email: crestfinance@krongh.com Website: www.crestfinance.com.gh 8. Darfin Finance Company Ltd Finance House Accra No.2/31 Tesano-Circle Road Adjacent to Tesano Baptist Church P. O. Box MP 656 Mamprobi Accra Tel: +233-302-201701/2 +233-302-201741 Website: www.darfinfinanceghana.com 9. Dream Finance Company Ltd Finance House Accra P. O. Box AB 92 Abeka-Lapaz Accra. Tel : +233-302-982430 : +233-302-982436 Email: info@dreamfin.com Website: www.dreamfin.com 10. Eximguaranty Co. (Gh) Ltd. Finance House Accra No. 27, Plot No 137 Roman Ridge Ambassadorial Estate Extension P.O. Box18543, Accra. Tel : +233-302-768763 /4 Fax. +233-302 -768884 Email: info@eximghana.com 11. Export Finance Co. Ltd Finance House/Export Financing Accra Coplan House, Kojo Thompson Road, P.M.B. Adabraka Accra Tel: +233-302-229895/ +233-302-230950 Fax: +233-302-221333 Email: efcghaha@gmail.com Page 3 of 13 12. Forms Capital Limited Finance House Accra Delmina Place 29th Orphan Cresent Labone P. O. Box OS 1914 Osu – Accra Tel: +233-302-764660 +233-302-764659 +233-302-768324 Email: www.info@formscapital.com Website: www.formscapital.com 13. Ideal Finance Limited Finance House Accra No. 7 Dr. Tagoe Rd Off Djanie Ashie Avenue,East Legon, Accra P. O Box CT 6387 Cantonments, Accra – Ghana Tel: +233-302-543436-8 Fax: +233-302-543437 Website: www.idealfinanceghana.com Email: info@financeghana.com 14. IFS Financial Services Limited Finance House Accra 3rd Floor Opeibea House, Liberation Road, Accra P.O. Box SR 344, Accra Tel: +233-302-766303 Email: info@ifsfinancegroup.com 15. Izwe Loans Ltd* Finance House Accra Maestro Plaza, Kotobabi High Street Private Mail Bag GP 158, Accra Central Tel: +233- 302-251042 Email: info@izweghana.com 16. Jislah Financial Services Financial House Accra Digitronix Plaza, Wawa Street, Off Royalt Castle Road, Kokomlemle, P.O Box OS. 1013, Osu, Accra Tel: +233-302-250092/3 Fax: +233-302-250098 Email:info@jislahfinancialservices.com 17. N.D.K. Financial Services Ltd. Finance House Accra Omaye Aba Building, Rev. Hesse Street, Osu, Accra. P.O.Box 3387, Accra Tel : +233-302-218444 Toll free: +233-302-800123-123 Fax : +233 302-7218446; E-mail: info@ndkfinancialservice.com 18. OAK Financial Services Finance House Accra 5 Standfast Street, Kokomlemle. P.O. Box K.I.A 9526, Airport, Accra Tel: + 233-302-227304/ +233-302-230956. Fax: +233-302-230928 19. Profin Ghana Limited Finance House Accra P.O Box CT 3490, Cantonments, Accra No:13 Yiyiwa Drive, Abelemkpe, Ocean House, Adjacent KPMG Tel: +233-302-767633 +233-302-768259 Fax: +233-302-760829 Page 4 of 13 Accra Email: info@profinghana.com 20. Sterling Financial Services Finance House Accra Okponglo Junction P.O. Box CT 2932, Cantonments, Accra Tel: +233-302-762955/ +233-302-765318/ +233 -302-764332-5 Fax: +233-302-762954 Email: sterling@4u.com.gh Website: www.sterlingfinancial.com 21. Syndicated Capital Finance Limited Finance House Accra 28 Farrar Avenue Adabraka – Accra P.O. Box AN 10927 Accra – North Ghana Tel: +233-302-263145 Email: finance@syndicatedcapitalgh.com Website:www.syndicatedcapitalgh.com 22. TF Financial Services Finance House Accra Head Office (North Ridge) Ring Road Central P. O. Box 1756 Cantonment, Accra Tel: +233-302-302245753 +233-302-289553199 +23-302-302-223555 Fax: +233-302-256438 Website: http://www.tffinancial.com.gh REMITTANCE COMPANIES 1. Express Funds International Ltd. Finance House (Inward Remittances) Accra Bremua House, New Town Road, Kokomlemle, P.O. Box 10476, Accra North Tel: 233-302-245934/ 233-302-227648/ 233-302-222987/ 233-302-227018. Fax:233-302-238199 2. Trans-Continental Financial Services Ltd. Finance House (Inward Remittances) Accra Planet House, No. 8 Third Ringway, Ringway Estates, P.O. Box 13463, Accra Tel: 233 302-224928/ 233 302-229933. Fax: 233-302-224928 Page 5 of 13 SAVINGS AND LOANS COMPANIES 1. 1 st African Savings & Loans Company Ltd. Savings & Loans Accra No. 128, Kwame Nkrumah Avenue 1 st Africa House (Former PTC Building), Kwame Nkrumah Avenue. P.O. Box AN 11337, Accra Tel: 233-302- 221111 233-20-2019670 233-27-557305. Fax: 233-302-230806 2. ABii National Savings and Loans Ltd Savings and Loans Accra Priority House, Avenor Junction (Near Joy FM) P. O. Box CT10067 Cantonments Accra. Tel: 233-302-241050 Fax.233-302-244563 Website: www.abiinational.net Email: info@abiinational.net 3. Adehyeman Savings and Loans Company Ltd. Savings and Loans Accra No:C1/7, Faanofa Street, Kokomlemle (Near Avenor Traffic Light) P.O. Box GP 13249, Accra – Ghana Tel: +233-302 252071 / +233302-289 670627 +233-302-289670621 +233-302-208142683 +233-302-244075906 E-mail: info@adehyeman.com Website: www.adehyeman.com 4. Adom Savings and Loans Ltd. Savings and Loans Accra Ayikai Street, Abossey Okai Opposite Mamprobi Trotro Station, Kaneshie P.O.Box CT 18454, Cantonments, Accra Tel: +233-302-631119/ +233-302-631117/ +233-302-631178 5. Advans Ghana Savings and Loans Ltd. Savings and Loans Accra Ground floor Oxford Cinema building (Accra New Town) P. O. Box AN 11426 Accra – North Tel: +233-302-251322; +233-265654771 Fax: +233-302-247867 Website: www.advanceghana.com 6. Alpha Capital Savings and Loans Ltd Savings and Loans Accra No: D 422/4 Liberty Link Adabraka P.O. Box CT 1033 Cantonments Tel: +233-540-110850 Email : service@alphacapital.com Page 6 of 13 Accra Website: www.alphacapital.com 7. Asa Savings and Loans Company Limited Savings and Loans Accra Odokor- Mallam Highway P. O. Box MP 1834 Mamprobi Accra Tel: +233-302-328405 +233-545304767 Email: ghana@asa-international.com 8. Assurance Savings and Loans Ltd Savings and Loans Accra 1 st Floor, Gina Villa, Achimota School, GIMPA Road Accra P.O. Box KIA 16192 Accra Tel: +233-302 433931 +233-303977340 +233-208178048 Email: info@assurancesavingsandloans.com 9. Best Point Savings and Loans Ltd Savings and Loans Accra Old Peace FM Building Mile 7 P. O. Box CT 10191 Cantonments Accra Tel: 233 (303) 932 990/4 Website: www.bestpointgh.com 10. Bond Savings and Loans Ltd Savings and Loans Tema Bond House Meridian Road P.O Box CO PMB 95, Tema Tel: +233-303-214444 +233-544314705 +233-303-304332 FAX: 233-303-204332 11. Bayport Savings and Loans Company Ltd. Savings and Loans Accra 71 Osu Badu Street, Airport West, Accra PMB 248, Accra North, Accra Tel : +233-302-745454 +233-302-910778. Toll free : +233-800-10016 (Vodafone only) 12. Commerz Savings and Loans Ltd. Savings and Loans Accra No. 54 Olusegun Obasanjo Highway opposite Accra Girls’ Senior High School, Accra P.O. Box GP 21835 Accra Tel: +233-302-767911 +233-302-667783 +233-302-767827 E-mail: info@commerzghana.com Website: www.commerzghana.com 13. Direct Savings and Loans Limited Savings and Loans Accra No. 42A, Asofoanye A. Opeku Avenue, North Dzorwulu, off the Fiesta Royal Hotel and GIMPA Tel: +233-303-969550 / 303-969555 E-mail: info@directgh.com Page 7 of 13 Road. P.O. Box CT 8360 Cantonments Accra Website: www.directgh.com 14. Equity Savings and Loans Ltd. Savings and Loans Accra No. 16 Maseru Avenue, East Legon P.O. Box CT 6382 Cantoments Accra Tel: +233-302-541449 +233-302-541452 +233-302-544528 15. Express Savings and Loans Company Ltd Savings and Loans Accra No:2 Bobolink Because Junction Tesano-Abeka Road P.O. Box AN 10476 Accra- North Tel: +233-302-240660 +233-302-222987 +233-302-227018. Fax: +233-302-238199 Website: expresssavingsandloans.com Email: info@express.com 16. First Allied Savings and Loans Co. Ltd. Savings & Loans Kumasi OTB 662 Asomfo Road Adum Kumasi Tel: +233-322-033601 +233-32280016/8 Fax: +233-322-027737 Website: www.firstalliedghana.com 17. First Ghana Savings and Loans Company Ltd Savings and Loans Accra D.564/4 Kojo Thompson Road P.O. Box 2958 Accra Tel: +233-302-228533 18. FirsTrust Savings Loans Ltd. Savings & Loans Accra N1 Highway Dzorwulu P.O. Box 5261, Accra Tel: +233-302-777898 +233-302-231986 +233-302-231987. Fax: +233 -302-231987 19. Global Access Savings and Loans Company Limited Savings and Loans Accra Abeka – Lapaz P. O. Box AT 1479 Achimota Accra Tel: +233-302-406920 +233-302-241768 +233-302-241760 Fax: +233-302-411433 Website: www.gaslghana.com Page 8 of 13 20. Golden Link Savings & Loans Ltd Savings and Loans Accra 2 North Street, Tesano P.O. Box 14117 Accra Tel: +233-302-223826 +233-302-223833 +233-302-223951 Fax: +233-302-252544 21. Golden Pride Savings and Loans Ltd Savings and Loans Accra House No. E187/9, 5th Estate Road, Kanda P.O. Box TU 66 Accra Tel: +233-0322- 86050 Fax: +233-0322-40082 Website: www.gpride.com.gh Email: info@gpride.com.gh 22. Ivory Savings and Loans Ltd. (CDH Savings and Loans Ltd.) Savings and Loans Accra CDH House, No. 36 Independence Avenue, North Ridge, Accra P.O. Box 14911 Accra Tel: +233-302-671050 Fax: +233-302-662167 23. Jins Savings and Loans Ltd. Savings and Loans Accra P.O. Box OF 402 Ofankor – Accra Tel: +233-208113097 +233-246143355 24. Legacy Capital Savings and Loans Ltd. Savings and Loans Accra House No. 359/1 – 3 rd Kuku Hill Crescent Osu – Accra Tel: +233-277506509 +233-204371923 25. Midland Savings & Loans Company Ltd. Savings & Loans Accra No. 7 Nii Yemoh Avenue OIC Road Zion House 2nd Floor Shiashie, East Legon P. O. Box CT 3744 Cantonments – Accra Tel: +233- 307-024133 + 233-307-099863 +233-307-024124 Website: www.midland.com.gh Email: info@midland.com.gh 26. Multi Credit Savings & Loans Co. Ltd. Savings & Loans Kumasi Trust House Bantama High Street P.O. Box 1920, Kumasi – Ashanti Tel: +233-322-37418 +233-322- 37419 Fax: +233-322-37420 Website: www.mcslghana.com 27. Opportunity International Savings and Loans Co. Ltd Savings and Loans Accra No: D765/3 Kwame Nkrumah Avenue Tel: +233 -302- 675219 +233 -302- 673929 Page 9 of 13 P. O. Box JT 323 James Town Accra Fax: +233- 302 -665919 Website: http://www.opportunityghana.com Email: info@opportunityghana.com 28. Pacific Savings & Loans Co. Ltd. Savings & Loans Kumasi Plot Q.T.B, Adum, P.O. Box KS 1922, Kumasi – Ashanti Tel: +233 -3220-41051 +233-3220-41050 +233-3220-41054 Fax: +233- 3220- 41053 Website: www.pacificsavingsandloansgh.com 29. Pan – African Savings and Loans Company Limited Savings and Loans Accra No. 4 Nortei Ababio Street Roman Ridge PMB CT 127 Cantonments Accra Tel: +233-302-782750/51 Fax: +233-302-782755 Hotline: +233-575557777 Email: info@eb-accion.com 30. Progress Savings and Loans Limited Savings and Loans Accra No. 7 Nii Yemoh Avenue OIC Road 3 rd Floor Zion House Shiashie, East Legon Accra P. O. Box ST 237 Accra Tel: +233-501523475 +233-501523478 + 233-244292610 +233-244589827 Email: info@progessghana.com 31. Services Integrity Savings and Loans Ltd. Savings and Loans Accra Defence Industries Department, General Headquarters Burma Camp – Accra P.O. Box AC 204 Tel: +233-544-322102 32. SIC Life Trust Savings and Loans Ltd. Savings and Loans Accra Room 108 Swanzy Shopping Arcade Kwame Nkrumah Avenue SIC Life Trust Finance Ltd P. O. Box KN 4768 Kaneshie Accra Tel: 233 -302– 687076 233-302-687085 Fax: 233-302-687086 Website: http://www.siclifetfl.com.gh. Page 10 of 13 Adabraka – Accra E-mail: enquiry@siclifetfl.com.gh. 33. Sinapi Aba Savings and Loans Company Ltd Savings and Loans Kumasi 22A Ellis Avenue P. O. Box 4911, Nhyiaso Kumasi Tel: 233-302-2030112 Fax.233-302-2032483 Website: http://www.sinapiaba.com/saslmain/ind ex.php/contact-us E-mail: infodesk@sinapiaba.com 34. The Seed Funds Savings and Loans Ltd Savings and Loans Accra Seed Funds Savings and Loans Ltd Plot 32, Sixth Circular Road P.O. Box CT 11172 Cantonments – Accra Tel: 233-303-932153/5 Email : info@TheSeedFunds.com Website : www.TheSeedFunds.com 35. uniCredit Savings and Loans Ltd. Savings & Loans Accra uniCredit Ghana Limited No. 3 North Ridge Lane North Ridge, Accra. Tel: 233-302-666648 / 672690 Fax: 233 302-672691 Email: info@unicreditghana.com Website: www.unicreditghana.com 36. Utrak Savings and Loans Ltd Savings and Loans Kumasi Adum Kumasi P. O. Box UP 1011 Kumasi Tel: +233-03220 – 39876 Fax: +233-03220- 20129 E-mail: urak2000@yahoo.com 37. Women’s World Banking – Savings and Loans Company Ltd Savings & Loans Accra EWQ Bannerman Memorial Hse., Hse No.c127/7, Opposite Ferrotal (Gh) Ltd, Kokomlemle. P.O. Box 2989 Accra. Tel: +233 302 -243260-1 +233-302 -230409 +233 302 248990 +233 302 258726/7 Fax: +233 -302 -243261 Wbsite: http://wwbg.com.gh/ Email: info@wwbghana.com Page 11 of 13 LEASING COMPANIES 1. Ghana Leasing Co. Ltd. Leasing Accra Hse. No. 8, First Freetown Link, Okponglo, East Legon, Accra, P.O.Box 14295, Accra Tel : +233 -302 -520197 +233-302- 520198 +233 -302 520199 Fax : +233 -302 -520206 Website: www.ghanaleasing.com Email: info@ghanaleasing.com 2. Leasafric Ghana Ltd. Leasing Accra No.5 East Legon, Tetteh Quashie Interchange Legon Road, Ghana Tel: +233-302-780901/3 +233-302-768087 / 302-773016 +233 -302-776373 Fax: +233-302- 776373 Website: www.leasafric.com Email: info@leasafric.com FINANCE AND LEASING COMPANIES 1. Dalex Finance and Leasing Company Ltd. Finance and Leasing Accra Hse No. 6, 6 Ringway Street, Ringway Estates. P.O. Box CT 3581, Cantoments, Accra. Tel: +233-302-764550 +233-302-764620 Fax: +233-302-7011807 MTN Short Code: 1611 E-mail: info@dalexfinance.com 2. F & D Finance and Leasing Company Limited Finance and Leasing Accra C140 Motorway Extension, Abelemkpe P.O. Box AT 1144, Achimota Market, Accra Tel: +233-302-770431 Fax: +233-302-770432 E-mail: fdfleasing.ltd@gmail.com Page 12 of 13 3. SDC Finance and Leasing Company Ltd. Finance and Leasing Accra Hse No.D921/3, Adjacent A.M.A, Asafoatse-Nettey Street, Post Office Square, High Street. P.O.Box14198, Accra Tel: 233 -302- 669372-5 Fax: 233- 302 -669371 Website: http://www.sdcgh.com/ E-mail: services@sdcgh.com 4. TG Finance and Leasing Ltd. Finance and Leasing Accra TG Finance Limited P.O. Box 9677 KIA – Accra No:6 Aunty Yaa Street Opposite Lincoln Comm. School, Ablemkpe, Accra Tel: +233-302-433059 +233-302-244460483 Email: info@tgfinancegh.com Website: www.tgfinancegh.com MORTGAGE FINANCE 1. NorthStar Home Finance Company Limited Mortgage Finance Accra D16 Sekoutoure Street Ridge Residential North Ridge Tel: +233-302-255995/ 302-255996 Website: www.northstarhomefinance.com Email: info@northstarhomefinance.com Page 13 of 13 SUMMARY OF SDIs AS AT 31 st AUGUST 2018 Nature of Business Number 1. Finance House 22 2. Remittance Companies 2 3. Savings and Loans 37 4. Leasing 2 5. Finance and Leasing 4 6. Mortgage Finance 1 TOTAL 68