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United Bank for Africa (Ghana) Limited, part of UBA Group; Universal Merchant Bank Limited; Zenith Bank (Ghana) Limited, part of Zenith Bank Group; See also.
It is one of the commercial banks licensed by Bank of Ghana, the central bank of Ghana, and the national banking regulator. the bank has 33 branches in 2015. [3] BOA Ghana is a large financial services provider in Ghana. As of December 2011, the total asset valuation of the bank was estimated at US$300 million (GHS:735.5 million). [4]
The original Bank of Ghana Ordinance (No.34) of 1957 was replaced by the Bank of Ghana Act (1963), Act 182, which was later amended by the Bank of Ghana (Amendment Act) 1965, (Act 282). Eventually, the Bank of Ghana Law, 1992 PNDCL 291, consolidated the legal framework for the bank by repealing both Acts 182 and 282. [6] [5]
Job 600 was constructed to serve as the venue for the 1965 meeting of the Organization of African Unity.It is estimated to have cost more than £4 million. [5] Dr. Nkrumah believed that the building would showcase Ghana as a country with the potential and ability to host international events, and a demonstration of Africa's growing technical capabilities.
Absa Bank Ghana is a large financial services company, serving corporate clients, high networth individuals, retail customers and small and medium enterprises.As of 31 December 2020, the bank had assets of GHS:12.546 billion (US$2.075 billion), with shareholders' equity of GHS:1.948 billion (US$322.2 million).
Accra: 1997 Commercial bank P A Bank of Ghana: Financials Banks Accra: 1957 State bank S A Benso Oil Palm Plantation: Consumer goods Food products Sekondi-Takoradi: 2004 Food processing, palm oil, GSE: BOPP: P A British American Tobacco Ghana: Consumer goods Tobacco Accra: 1991 Ghanaian arm of British American Tobacco, defunct 2006 P D CAL Bank ...
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.
The bank's headquarters are located on the 6th Floor of Accra Financial Centre, at the corner of Independence Avenue and Liberia Avenue, in the neighborhood called West Ridge, in Accra, Ghana's capital city. [3] The geographic coordinates of the bank's headquarters are:05°33'19.0"N, 0°12'05.0"W (Latitude:5.555278; Longitude:-0.201389). [4]