Company type | Public |
---|---|
Industry | Private banking, Retail banking, Asset management, Investment banking, Financial services |
Founded | 2009 |
Headquarters | Spintex road Adjacent Papaye fast food,Accra |
Key people | William Ato Essien Founder Mensa Otabil Chairman Rev. Fizgerald Odonkor CEO[1] |
Products | Private banking, Asset management, Investment banking, Investments, Loans, Savings, Speed banking, Speedpay |
Revenue | |
Total assets | US$140 million; 2013 GHS:286.80+ million; 2013 |
Number of employees | 355 |
Website | www |
Capital Bank (previously First Capital Plus Bank) was an indigenous private national development and commercial Ghanaian bank.[2] It was one of the private national development and commercial banks licensed by Bank of Ghana, the national banking regulator.[3][4] On August 14, 2017, the Bank of Ghana announced it had revoked its license due to insolvency during Ghana's banking crisis. The bank was then taken over by GCB Bank. The founder of the bank, William Ato Essien and three others were subsequently charged with misappropriating 100 million Ghana Cedis of the Bank's assets.[5]
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