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The DBG was conceived in 2017 , established in 2020, awarded license to operate by Bank of Ghana in 2021 and launched in June 2022. [10] [11] It was established to complement two other government-owned financial houses established before, namely the Agricultural Development Bank of Ghana and the National Investment Bank.
Consolidated Bank Ghana Limited, state-owned; Ecobank Ghana PLC, part of Ecobank Group; FBNBank (Ghana) Limited, part of First Bank of Nigeria Group; Fidelity Bank Ghana Limited; First Atlantic Bank Limited; First National Bank (Ghana) Limited, part of FirstRand Group; GCB Bank PLC, majority state-owned; Guaranty Trust Bank (Ghana) Limited ...
NIB is a medium-sized financial services provider in Ghana. As of December 2011, the total valuation of the bank's assets was approximately US$468.5 million (GHS:878.9 million), with shareholders' equity of approximately US$47 million (GHS:88.1 million). [6]
As of April 2010, ADB was the leading financial institution in agricultural financing in Ghana, responsible for 35% of the total bank industry financing of agriculture. [7] In September 2010, the bank was recognized as Bank Of The Year at the Africa Investor Agribusiness Awards , in Durban , South Africa , the first institution so recognized ...
[5] [6] In a report issued by PwC Ghana, a member of PricewaterhouseCoopers International Limited indicated GCB Bank as part of the Top 7 banks in Ghana controlling 56.3% of the market share with the bank representing 8.7%. [7] At the 28th Annual General Meeting (AGM), GCB Bank posted a profit of GH¢831.9m before tax for the year 2021. [8]
The bank's headquarters is situated in the capital city of Ghana, Accra. It operates through various branches and subsidiary entities across multiple locations: [2] Head office - Located at the SSNIT Emporium Building on Liberation Road, Airport City, Accra; Abeka UMB Branch - Situated at Opsem House, opposite the SSNIT Building
On 1 August 2018, the banking licenses of those five banks were cancelled and their assets and selected liabilities were merged to form Consolidated Bank Ghana Limited. [6] In addition, these five banks had committed regulatory breaches that made it impossible for them to operate as banking institutions, so Bank of Ghana closed them and fired ...
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).