President of Groupe Ndoum, Dr. Nana Kweku Ndoum, has acknowledged that rebuilding GN Savings and Loans will be a difficult and lengthy process, following years of asset disposals and deterioration after the revocation of the company’s license in August 2019. Speaking on JoyNews’ Newsfile on Saturday, May 23rd, Dr. Ndoum expressed the group’s hope of returning to the financial sector despite the significant challenges ahead.
Assets Deteriorated and Disposed Of
The path to restoring GN Savings and Loans to its former standing is fraught with obstacles, according to Dr. Ndoum. He highlighted that a substantial portion of the company’s assets have either been sold off or have significantly depreciated since the license revocation four years ago.
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