Rumored - More Adult Processing Going DOWN

[gonzo]

"there's going to be a huge shake up and a lot of merchants will be left without a merchant account on Jan.1, fyi CAL is going to shut ALL adult processing as of Jan 1st"

the rumored bank is CalBank



CAL Bank commenced operations in July 1990, and is considered to be one of the most innovative banks in Ghana.
The Bank mobilizes resource s in world financial markets, and channels them to the Ghanaian market. In this way, CAL Bank supports the development of the national economy, focusing particularly on the manufacturing and export sectors.
With its highly skilled professional staff, CAL Bank plays an important role in the Ghanaian financial sector by providing wholesale banking services to corporate clients with sound financial bases and competent management. Emphasis is placed on the economic viability and technical feasibility of each project, as well as the marketability of the client's products and services.

Having recently acquired a Universal Banking License in 2004, CAL has included a retail banking arm to its operations with specialized products and services to cater for the retail market. To complement retail banking & in line with its expansion programme, CAL is in the process of opening several branches in major cities and business districts in Ghana.

http://www.calbank.net/newsite/calbank/index.php