The Commercial Division of the Accra High Court presided over by Justice Eric Kyei Baffour has ordered William Ato Essien to open his defence after failing to conclude negotiations with the state to pay compensation. The former CEO of the Capital Bank William Ato Essien together with Tetteh Nettey and …
Read More »Stock market opens week flat while CAL Bank dominates trading activity
Market Summary The GSE Composite Index opened the week flat at 2,002.29 with a 3.13% year-to-date return while the market capitalization was unchanged at GH¢55.07 billion. The GSE Financial Index recorded no gains or losses, closing at 1,816.34 with a year-to-date return of 1.88% while the SAS Manufacturing Index stayed …
Read More »CalBank Donates to the Covid-19 Trust Fund
CalBank has donated an amount of GHS 200,000.00 to the Covid-19 National Trust Fund at the office of the Presidency in the Jubilee House, Accra. This is an additional gesture to earlier contribution of GHS 10million presented by the Ghana Association of Bankers in the collective efforts to deal with …
Read More »CalBank revises transactional limits and charges
As the situation around Coronavirus continues to evolve, we as a bank are doing everything we can to ensure our customers’ banking needs are met during these uncertain times with the appropriate safeguard protocols in place. As always, the safety and wellbeing of our customers and staff remain our highest priority and …
Read More »CalBank announces appointment of Mr. Philip Owiredu as Chief Executive Officer
CalBank is pleased to announce the appointment of Mr. Philip Owiredu as the Chief Executive Officer (CEO) of the Bank effective 1st January 2020. The appointment of the new CEO was approved by the Bank of Ghana in December 2019. Mr. Owiredu has been an outstanding leader during his tenure …
Read More »CAL Bank sheds 14.29% on the Ghana Stock Exchange
Eight days into the month of October, the Ghana Stock Exchange (GSE) saw 58,219 shares trading at a market value of GHS 68,976.16. Closing with an all losers market; the worth of the exchange declined by 0.37% (GHS 207.22million) to end the day at GHS 56,091.17 million. CAL Bank (CAL) …
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