Important Facts You Must Know
News broke this morning , that the Bank of Ghana (BoG) has revoked the licences of UT and Capital banks from operating as independent commercial banks in Ghana; a development that literally means...
Tag: GCB Bank Ltd
UT Bank Woes Deepen As GSE Suspends Its Listing On the Exchange
The Ghana Stock Exchange (GSE) has suspended the listing of UT Bank Limited indefinitely and this follows the forceful takeover of UT by Ghana Commercial Bank. The suspension follows the revocation...
GCB Bank To Support This Year’s PANAFEST
With barely two weeks to the opening of the 2017 edition of the Pan-African Historical Theatre Festival, (PANAFEST), GCB Bank Limited has joined the crop of corporate institutions determined to...
China Powers ‘One District One Factory’ With $2bn
China is boosting Ghana’s government’s ‘One District One Factory’ initiative with a funding facility worth up to $2 billion. This follows the signing of a Memorandum of Understanding that is...
China Gives Ghana $2bn For ‘One District One Factory’ Project
Government’s ‘One District One Factory’ initiative has received a major boost following the signing of a Memorandum of Understanding for a funding facility worth up to $2 billion between a...
Cedi’s Woes Hamper Stock Exchange’s Performance
The Ghana Stock Exchange (GSE) closed in the red in the week ending June 9, making it the second consecutive decline in recent times. The decline in the two market indices was due to currency...
GCB Declares GHC318 Million Profit After Tax
The Ghana Commercial Bank Limited has declared a total dividend pay-out of GH?100.7 million for the 2016 financial year. The dividend will be paid at GH?0.38 per share; a 15 percent increase over the...
Former BoG Governor Alex Ashiagbor Has Died
The former Bank of Ghana (BoG) Governor, Alex Ashiagbor, who served from 1977 to 1982 has died, a family member has confirmed to Joy News. According to the source, he passed on last Friday at the...
NPP Man Drags GCB Bank Limited To Court Over Breach of Contract
A former District Chief Executive (DCE) for Central Gonja District Assembly in the Northern Region under erstwhile President Kufuor regime Yakubu Zakariah, has dragged the GCB Bank Limited to court...
GCB Bank Appoints Raymond Sowah As MD
An experienced banker-cum-lawyer, Anselm Raymond Sowah, has been appointed the Managing Director of GCB Bank Limited. He takes over from Ernest Mawuli Agbesi who resigned his post last week. Mr....
Raymond Sowah Appointed MD of GCB Bank
The Board of Directors of GCB Bank Limited (GCB) has appointed Mr. Anselm Raymond Sowah, a seasoned banker and lawyer as the Managing Director of the Bank. He replaces Mr. Ernest Mawuli Agbesi who...
GCB Gets New Board Chairman & Directors
Renowned banker Mr Jude Arthur has been appointed Board Chairman of GCB. His appointment takes effect from the 6th of April, 2017. He takes over from Mr Daniel Owiredu who resigned as board Chairman...
GCB Gets New Board Chairman & Directors
Renowned banker Mr Jude Arthur has been appointed Board Chairman of GCB. His appointment takes effect from the 6th of April, 2017. He takes over from Mr Daniel Owiredu who resigned as board Chairman...
GCNet Pays GHC17m As Dividend To Government
Trade facilitation and revenue mobilization company, GCNet has presented 17 million Ghana cedis to the Ministry of Finance as dividend for its operations in 2016. The company earlier paid 10 million...
GCNet Pays GHc17m As Dividend To Govt
Trade facilitation and revenue mobilization company, GCNet has presented 17 million Ghana cedis to the Ministry of Finance as dividend for its operations in 2016. The company earlier paid 10 million...
Managing Director of GCB Bank Limited Resigns
The Managing Director of GCB Bank Limited Ernest Mawuli Agbesi has resigned mynewsgh.com has gathered. Sources close to the bank indicate that his resignation takes immediate effect after a meeting...
SIC Leads Advancers On Stock Market
STATE Insurance Company (SIC) led advancers on the Ghana Stock Exchange (GSE) for the fourth week trading as it gained 7.1 per cent to close at GHS 0.15 per share. The Ghana Commercial Bank (GCB)...
GCB Opens 161st Branch At Saboba
Ghana Commercial Bank (GCB) has opened a new branch at Saboba to support and facilitate business activities in the area. This brings to 161 the number of GCB branches across the country. Mr Ernest...
Access Bank IPO To Excite Local Bourse
The Initial Public Offer (IPO) of Access Bank Ghana shares is set to buoy trading activities on the Ghana Stock Exchange, beginning this November. Listing on stock exchanges is not new to the bank as...
GCB Bank Sets GH¢100,000 Credit For SMEs
THE GCB Bank Limited has set a credit of GH¢100,000 with no collateral for Small and Medium Enterprises(SMEs) to enable them to turn their businesses around. The package is under the GCB SME Loan...