Bank of Ghana Approves Partnership to Assist Ghanaians Abroad in Building Credit History
Accra: The Bank of Ghana has approved a new partnership between local credit reporting agency XDS Data (Ghana) Ltd and US-based Nova Credit Inc. The collaboration was announced by the central bank in its Credit Reporting report for the year 2024. According to Ghana News Agency, this partnership aims to tackle the ‘credit invisibility’ issue faced by Ghanaians living abroad, who often find it challenging to access essential financial services due to a lack of recognized credit history in their new countries. This initiative will allow Ghanaians residing in nations such as the United States, Canada, the United Kingdom, and