WHO WE ARE
The Investigation and Consumer Reporting Office (ICRO) is the financial industry watchdog office of the Bank of Ghana (BOG), with responsibility for protecting consumers of financial products/services and educating them on their rights and responsibilities. It is an office within the Banking Supervision Department (BSD).
WHY WE ARE HERE
In line with the Mission Statement of BOG, ICRO was established with the broad objective of promoting Confidence, Discipline and Harmony in the Banking Industry.
WHO AND WHOM WE REGULATE
By Law, all Banks and Non-Bank financial institutions must be licenced by the Bank of Ghana. Once they are licenced, we ensure that they follow the bank’s rules and regulations as well as the laws of the land. These laws include:
FORMS OF REGULATED COMPANIES
The institutions we regulate include:
A. All Banks: i. Major banks
ii. Rural/Community banks.
B. Non-Bank Financial Institutions (including Forex Bureaux Savings & Loans Companies).
