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Beginning as a new greenfield operation, the bank plans to grow organically, with emphasis on digital applications, but mindful of the Ghanaian customers' desire for personal contact. [5] First National Bank Ghana is a subsidiary of First National Bank South Africa, which is the retail banking arm of FirstRand Group, a large financial services ...
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 ...
The Bank was started in 1995 as a merchant bank and operated mainly in Accra. In 2011 the Bank of Ghana granted it universal bank status. [6] 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).
The bank offers universal banking services to institutional, corporate, commercial, and retail customers, across Ghana. As of December 2023, Access Bank Ghana had total assets of GHS:12.3 billion (US$812 million), with shareholders' equity of GHS:1.613 billion (US$106.5 million). [3]
In Ghana, rural banks are financed mainly via the Rural Financial Services Project (RFSP), that is a project of the government to solve the operational problems of the rural financial sector. Every Rural and Community bank in Ghana was mandated to contribute two thousand Ghana cedi to buy shares of the ARB – Apex bank Ltd, to enable the bank ...
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]
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]
The headquarters and main branch of the bank are located on the First Floor, Manet Tower 3, Airport City, Accra. This location is immediately west of Kotoka International Airport . [ 3 ] [ 4 ] The geographical coordinates of the headquarters of CBG are:05°35'59.0"N, 0°10'38.0"W (Latitude:5.599722; Longitude:-0.177222).