Vice President Mahamudu Bawumia has challenged the banking industry to take advantage of the digitisation drive being championed by government.
He indicated that the move by government will not only formalize the economy but also give the financial sector the confidence to lend to borrowers without fear of default.
He described the current high rates charged by banks as unacceptable hence the need to bring down interest rates.
Vice President Bawumia made these remarks when he launched the 55th anniversary of the National Investment Bank in Accra.
Vice President Mahamudu Bawumia