The Central Bank has cautioned the general public against panic withdrawals in the face of Coronavirus or Covid-19, but urged banks to keep ATMs stuffed with cash to serve the needs of customers adequately.
“The general public is strongly advised to refrain from panic withdrawals. Banks and Specialised Deposit-taking Institutions, shall remain open to offer services to customers. All banks must ensure all electronic channels are fully functional at all times and ATMs do not run out of cash.”
The Bank of Ghana also assured all stakeholders that it remains committed to its mandate and will take the necessary measures and interventions to mitigate the economic impact of the current situation, to ensure financial and economic stability.
The statement went on to urge all banks, savings and loans companies, finance houses, microfinance institutions, rural and community banks and foreign exchange bureau to:
- To activate their business continuity and disaster recovery plans proportionate to the current circumstance and to review these plans as the situation changes.
- To abide by the public notices and advisory issued by the Government of Ghana, the Ministry of Health, the Ghana Health Service and other relevant authorities, in relation to the COVID-19 Pandemic.
- To enhance protective and safety procedures for all Staff namely:
- Ensure that all Banking Halls, Automated Teller Machines (ATMs), Counting Machines and other relevant equipment are sanitised on a regular basis;
- Ensure that Staff and Customers comply with the social distancing practice;
- Ensure that critical and frontline Staff are provided with protective equipment and gear, for example, gloves, face masks, etc.;
- Provide hand sanitising dispensers at entry and other vantage points.
We urge all our tenants at Green Views not to panic but take prevention measures against the COVID-19. We recommend that they use a lot of digital platforms for their transactions.