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BoG Warns Fintech Data Silos Fuel Loan Defaults

May 7, 2026
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NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bog-warns-fintech-data-silos-fuel-loan-defaults/The Bank of Ghana (BoG) has called on fintech lenders to dismantle data silos and build shared borrower information systems, warning that the current fragmentation is giving serial defaulters a free pass to move across platforms undetected and keep accessing credit they have no intention of repaying.

The Head of Department at the central bank, [] NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bog-warns-fintech-data-silos-fuel-loan-defaults/

News Ghana
News Ghana

Coverage and analysis from Ghana. All insights are generated by our AI narrative analysis engine.

Ghana
Bias: center

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