Local banks reduce staff to meet GH¢400m minimum capital

FacebookTwitterLinkedinemailGoogle+PinterestWith the clock ticking towards the deadline for universal banks in the country to increase their minimum capital to GHc400

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GCB Bank joins IIA to help local business dev’t

FacebookTwitterLinkedinemailGoogle+PinterestGCB Bank and Invest In Africa (IIA) are pleased to announce the signing of an agreement that formally makes GCB

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BoG limits reappointment of Directors, CEOs of insolvent banks

FacebookTwitterLinkedinemailGoogle+PinterestFormer managers of financial institutions who have been complicated in any act of insolvency or folding up of their companies

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Cedi’s free fall: GCB Bank expands FX business

FacebookTwitterLinkedinemailGoogle+PinterestGCB Bank has disclosed of a major expansion drive to increase the trading in foreign exchange to help businesses get

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GCB Bank shareholders vote to increase stated capital to GH¢500 million

FacebookTwitterLinkedinemailGoogle+PinterestShareholders of the GCB Bank Limited have voted to transfer GH¢400 million from its income surplus to stated capital in

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BoG covers US$461m of GCB takeover liability

FacebookTwitterLinkedinemailGoogle+PinterestGhana Commercial Bank (GCB) Ltd. said it received a GH¢2.2 billion (US$461 million) bond from the central bank for taking over

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GCB Bank’s profit drops by 29% in 2017

FacebookTwitterLinkedinemailGoogle+PinterestThe profit of GCB Bank dropped by about 29 percent in 2017. The bank’s profit declined from 299 million cedis

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Ex-staff of Capital, UT banks to petition president over severance pay

FacebookTwitterLinkedinemailGoogle+PinterestEx-staff of the erstwhile Capital and UT banks are to petition President Akufo-Addo over delays in the payment of their

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IMF okays GH¢2.4bn ‘bailout’ to purge financial sector of bad assets

FacebookTwitterLinkedinemailGoogle+PinterestAfter spending GH¢2.2 billion to smoothly absorb two failed banks into the GCB Bank last year, the government has secured

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GCB Bank to publish 2017 financial results end of May

FacebookTwitterLinkedinemailGoogle+PinterestGCB Bank has announced that it will release its financial statement for 2017, by the end of May 2018. The

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