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GCB Bank Ltd. High Street. GCB Bank Limited formally known as Ghana Commercial Bank is the largest bank in Ghana in terms of total operating assets and share of industry deposits, with 14.2% of total industry deposits. [2] In August 2017, the Bank of Ghana, the nation's central bank, announced that it had approved a Purchase and Assumption ...
Capital Bank (previously First Capital Plus Bank) was an indigenous private national development and commercial Ghanaian bank. [2] It was one of the private national development and commercial banks licensed by Bank of Ghana, the national banking regulator. [3][4] On August 14, 2017, the Bank of Ghana announced it had revoked its license due to ...
FBN Bank Ghana Limited. Fidelity Bank Ghana Limited. First Atlantic Bank Limited. First National Bank Ghana [3] GCB Bank Limited. Guaranty Trust Bank Ghana Limited. National Investment Bank Limited. OmniBSIC Bank Ghana Limited. Prudential Bank Limited.
Rating Action: Moody's downgrades GCB Bank's deposit ratings to Caa1; outlook stableGlobal Credit Research - 08 Feb 2022Action follows downgrade of Ghana's sovereign rating to Caa1, stable ...
UTB was a medium-sized financial services provider headquartered in Ghana with subsidiaries in West Africa and Western Europe. [3] On August 14, 2017, the bank of Ghana announced it had revoked its license, together with Capital Bank. The bank was subsequently taken over by GCB Bank.
Website. www.bog.gov.gh. The Bank of Ghana (abbreviated as BoG) is the Central Bank of Ghana. It is located in Accra and was formed in 1957. [2] The Bank of Ghana has Seven Regional Offices in addition to its head office in Accra. The regional offices are located in the following cities, Hohoe, Kumasi, Sunyani, Tamale, Takoradi, Bolgatanga, Wa.
In 2017, he was appointed Managing Director of GCB Bank PLC. [1] During his tenure, he led the Bank's digitisation drive, introducing the G-money platform which allowed clients to store and withdraw funds with their mobile devices. At its shareholder meeting in August 2020, it was announced that Sowah will leave the Bank.
The Ghana banking crisis was a severe banking crisis that affected Ghana between August 2017 and January 2020. The Bank of Ghana (BoG) allowed several indigenous banks to be taken over by private companies between August 2017 and January 2019 after Nana Akufo-Addo was elected president in December 2016.