ECONOMICS

Professor Quartey recommends credit unions to Assemblies
Professor Peter Quartey of the Institute of Statistical, Social and Economics Research (ISSER) has said Assemblies should get involve with the credit union movement.

Date Created : 10/22/2018 8:39:10 AM : Story Author : By: Kwaku Sakyi-Danso/ghanamps.com

According to Professor Peter Quartey, Ghana Co-operative Credit Unions Association (CUA) are owned live with the people and are owned by the people and are not like pun schemes that take away hard earn currencies of people.

He further called for more education as to where Ghanaians should put their hard earned funds as well educated people like Professors of Universities, Members of Parliament (MPs) and well educated Ghanaians, fall for pun schemes.


“When you get financial institutions that promise interest that is too good to believe more than a bank would provide, think twice before falling for them, I have dealt with credit unions for years and I would recommend it to Assemblies and Ghanaians”, he said in an interview.

He made this remarks when he spoke as a guest of honor over the weekend at seventieth anniversary of the International Credit Union (ICU) day which was marked in Ghana at Kasoa.