ALL POSTS FILED UNDER: GCB
Ex-staff of UT, Capital banks drag GCB to CHRAJ
Add a CommentSome 37 employees of the erstwhile UT and Capital Banks have petitioned the Commission on Human Rights and Administrative Justice (CHRAJ) over what they term as “unfair and wrongful termination of appointments,” by their new employer, GCB Bank. The former … Read more →
GCB posts Ghc 323m profit
Add a CommentGCB Bank Limited posted a significantly improved bottom line with net profit of GH¢323.13 million for the year ended 2018. This translates into growth of GH¢ 110.42 million over the GH¢212.72 million recorded in the 2017 financial year. Top line … Read more →
GCB expands to Sierra Leone and Liberia
Add a CommentGCB Bank Limited is expanding its operations to other countries, the Deputy Managing Director of the Bank in charge of Operations, Samuel Amankwah, has disclosed. A statement issued in Accra, said as a forerunner, GCB was establishing and deepening correspondent … Read more →
UT, Capital banks collapse: GCB shuts down 31 branches
Add a CommentGCB Bank has shut down 31 branches of the defunct UT and Capital Banks after it successfully completed the full integration of the systems of the two collapsed banks to offer customers a wide network of some 183 branches across … Read more →
GCB sacks hundreds of defunct UT, Capital Banks staff
Add a CommentIt has emerged that hundreds of former workers of the now defunct UT Bank and Capital Bank have started receiving letters notifying them of termination of their appointments. Sources at GCB Bank Ltd, the new owner of the two banks, … Read more →
GCB wins Africa’s most compliant bank
Add a CommentGCB Bank has been adjudged the best compliant bank in Africa at the just-ended Compliance Awards held in Accra over the weekend. GCB beat competition from other intuitions in this category like First National Bank Ghana, Afriland First Bank of … Read more →
GCB to take over UT and Capital Banks
Add a CommentBank of Ghana has revoked the license of UT and Capital Bank. The action has been triggered by the inability of the two banks to turn around their negative capital adequacy position which has lingered on for some time now. … Read more →
GCB to inject GH¢1bn into ‘One District, One Factory’ project
Add a CommentTHE GCB Bank has announced a partnership deal with government to inject one billion Ghana Cedis into the ‘One-District, One-Factory’ project. Mr Anselm Ray Sowah, the Managing Director, GCB Bank, said the Bank’s vision for businesses, which would operate under … Read more →
GCB hits 229 million Ghana cedis profit for 2013
Add a CommentThe after-tax profit margin for Ghana Commercial Bank (GCB) has reached 229 million Ghana cedis for 2013. This represents a 60 percent jump from the 142 percent recorded for 2012. GCB also witnessed some strong growth in most areas of its … Read more →
GCB Manager arrested for GH¢657,700 fraud
Add a CommentFIVE persons have been arrested by the Anyinam Police in connection with a massive fraud detected at the Anyinam branch of the Ghana Commercial Bank (GCB). The Anyinam GCB Branch Manager, John Boateng Nyantakyi, 41, and the Accountant, Seth Amankwa … Read more →
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