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2025-05-01T03:21:02Z

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==Procedure==
'''Apply In-Person:''' 
#To Renewal of Microfinance Bank License in Ghana, the applicant has to approach the Bank of Ghana. [https://www.bog.gov.gh/contact-us/ Contact link]
#Application form for renewal of banking business license is available in Bank of Ghana.
#Applicant should obtain the application form from BOG
#The applicant should enter all the details in the application form.
#Information related to the BOG office and the License authority can be obtained from the “Office locations and contacts” section of this page.
#The applicant has to make sure that he or she has all the required documents that are required for this process to be successful and they can be found under the "Required Documents" section of this page.
#Payment of appropriate fees should be made and that can be found under the "Fees" section of this page.
#The completed application should be submit to the respective office.
#After submission, the application and other documents will be forwarded for examination and verification processes.
#Once the verification and validation processes are over, the application will be approved and the officials will proceed to take required steps for renewal of the license.
#When the document is ready to be collected, the applicant will be notified by the office and the applicant can collect it by any applicable means.
#The processing time for this procedure takes one month.
 
==Required Documents==
'''Submission of:'''
*A copy of the certificate of incorporation.
*Proof of license utilization
*Proof of Payment of up-to-date Annual Service and Processing Fees
*Previously issued license
*Current tax clearance certificate
*Proof of processing fees payment
 
 
==Office Locations & Contacts==
'''Bank of Ghana''' 
'''Head Office, Accra''' 
'''Contact Details:''' 
One Thorpe Road 
P.O. Box GP 2674, Accra 
GQVV+6J Accra, Ghana 
'''Email''': bogsecretary@bog.gov.gh 
'''Phone Numbers''': +233-30-2666174 – 6 / +233-30-2666361 – 5 / +233-30-2666902 – 8 / +233-30-2666921 – 5 
'''Fax''':+233-30-2662996 
 
'''Cedi House (Head Office Annex)''' 
'''Phone Number:'''+233-30-2665252 
 
'''Hohoe Office''' 
P.O. Box 116, Hohoe 
'''Contact number''': +233-35-2222045/ +233-35-2222122 
 
'''Kumasi Office''' 
P.O. Box 1989, Kumasi 
'''Phone Numbers''':+233-32-2022551/ +233-32-2023944 / +233-32-2024807 
 
'''Sunyani Office''' 
P.O. Box 598, Sunyani 
'''Phone Numbers''':+233-36-2027161 / +233-36-2027260 
 
'''Tamale Office''' 
P.O. Box 340, Tamale 
'''Phone Numbers''':+233-37-2022130 / +233-37-2022664 / +233-37-2022982 
 
'''Takoradi Office''' 
P.O. Box 532, Takoradi 
'''Contact number''': +233-31-2024035 / +233-31-2024372 
[https://www.bog.gov.gh/contact-us/'''Contact link'''] 
[https://www.google.com/maps/place/5%C2%B032'35.0%22N+0%C2%B012'21.4%22W/@5.543062,-0.205937,18z/data=!4m5!3m4!1s0x0:0xeda22241a1e431ad!8m2!3d5.5430625!4d-0.2059375?hl=en-US'''Location link]''' 
 

==Eligibility==
*Any Microfinance license holder in Ghana, whose license is about to expire but he/she wants to extend the license period, can apply.

 
==Fees==
*Non-refundable renewal licensing fee: GH¢ 5,00.00

 
==Validity==
*Banking Business license validity is 18 months.
 
 
==Documents to Use==
Please attach documents that can be used by people. e.g. links

 
==Sample Documents==
Please attach sample completed documents that would help other people.
 
==Processing Time==
*The processing time for this procedure takes one months.
 
 
==Related Videos==
Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.
 
 
==Instructions==
*Applicant should provide genuine information while applying for renewal.
*Applicant must follow all the instructions provided by the concerned authorities properly.
 
 
==Required Information==
*The name of the company
*Full Name of Applicant
*Address of Applicant
*Identification document number
*Registration number
*Company Incorporation details
*Address and contact details
*Payment receipt number (if any)
*Telephone number
*Email address
 
 
==Need for the Document==
*It is mandatory for an organization that holds a Microfinance Bank license obtained from the bank of Ghana, to renew the license every time its validity period expires.

 
==Information which might help==
*The Bank of Ghana may refuse a renewal application for a licence to carry on microfinance banking business if the Bank of Ghana is not satisfied with the merits of the application or in view of prevailing conditions in the banking sector or in keeping with its banking policy.

 
==Other uses of the Document/Certificate==
Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

 
==External Links==
[https://www.bog.gov.gh/supervision-regulation/banking-supervision/bsd-licensing/ Link] 

 
==Others==
More information which might help people.
 

[[Category:Ghana]]

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