The Bank of Ghana (BoG) has announced that all mobile loan applications and digital credit service providers currently operating in the country without a license must regularize their operations by June 30, 2026.
In a public notice issued on October 31, 2025, the central bank said it will begin accepting applications from companies seeking to operate as Digital Credit Services Providers starting November 3, 2025.
The Bank explained that all entities offering digital loans or credit services must submit the required documents and meet the licensing requirements before the deadline.
It warned that any company that fails to comply with the directive will face regulatory action.
The Bank of Ghana urged operators and the public to contact its FinTech and Innovation Office in Accra for details on the licensing process or visit its official website, www.bog.gov.gh
By: Jacob Aggrey
