Tag Archives: GCB

[VIDEO]: Fire guts Kantamanto GCB Bank

Fire has swept through the Kantamanto branch of the Ghana Commercial Bank (GCB) Saturday morning. It is unclear what caused the inferno which has left several floors of the building in flames. The fire service have visited the scene to douse the ravaging fire. Public Relations Officer (PRO) of the …

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Kofi Adomakoh appointed as MD for GCB

The Board of GCB Bank Limited has announced the appointment of John Kofi Adomakoh as the new Managing Director (MD) of the Bank effective November 9, 2020. Mr. Adomakoh, an astute banker, replaces Anselm Ray Sowah, who ended his tenure of office as the MD of GCB Bank in September …

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How GCB Bank has become profitable after taking on UT and Capital bank – PwC Report

Perhaps, one of the most significant components of the banking sector reforms is the new minimum capital directive issued on 11 September 2017. The directive required universal banks operating in Ghana to increase their minimum stated capital to GHS400 million by the end of 2018. Following the deadline for compliance, …

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Gunshots at Akyem Tafo GCB Bank, one injured

A man believed to be mentally deranged has been shot by Police at the premises of the GCB Bank branch at Akyem New Tafo in the Eastern region. The incident occurred Monday afternoon. Starr News has gathered the victim attempted to disarm the police officer on guard duty but was …

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GCB injects GHC100 million into energy sector

GCB Bank Ltd has extended financial support to the tune of GH¢100 million to the energy sector of the country this year. This went into selected oil marketing companies (OMCs) and bulk distribution companies (BDCs) as working capital and financing for capital expenditure. The Managing Director of GCB, Mr. Anselm …

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Nsawam GCB bank locked up over court order

Scores of customers of the Nsawam branch of the  GCB Bank Limited have been left stranded at the premises after a court order has caused the bank to be shut down Thursday morning. The shut down order comes after the bank failed to release the Ghc 3.7million  account of Global …

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