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Daniel Wilson Kodwo Addo is a Ghanaian banker who is managing director of CBG. [1] [2] He was appointed to this position in August 2018 after formation of the bank in a merger of five distressed banks in Ghana by the Bank of Ghana in the 2018 Ghana banking sector clean-up. [3]
In September 2017, the Bank of Ghana directed all universal banks in Ghana to raise their minimum capital reserves from GHS:120 million (US$22.8 million) to GHS:400 million (US$73.4 million). Five banks that failed to meet the minimum requirements were merged, namely Construction Bank, The Beige Bank, The Royal Bank, UniBank and Sovereign Bank.
GCB Bank PLC, majority state-owned; Guaranty Trust Bank (Ghana) Limited, part of GTCO Group; National Investment Bank Limited, state-owned; OmniBSIC Bank Ghana Limited; Prudential Bank Limited; Republic Bank (Ghana) PLC, part of Republic Bank Group; Societe Generale Ghana PLC, part of Société Générale; Stanbic Bank Ghana Limited, part of ...
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The bank was founded in 1996 and commenced provision of banking services on 14 October 1996, following the issuance of a banking license by the Bank of Ghana.The Trust Bank is a retail bank that focuses on meeting the banking needs of small and medium-sized enterprises (SMEs).
Pearl Nkrumah, (born c. 1980), is a Ghanaian businesswoman, lawyer, banker and corporate executive, who is the executive director at Access Bank Ghana Plc, a commercial bank, effective February 2022. She is the first woman to serve in that position, since the commercial bank was founded in 2009.
Savings and Loans Company is a statutory term used for non-bank financial institutions in Ghana. There are 37 Savings and Loans Companies released by the Bank of Ghana as at January 2017. Such institutions are licensed by the Bank of Ghana under the Financial Institutions non-Banking Law 1993 (PNDC Law 328). [1]
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