GCB Bank

GCB Bank Ltd
Company typePublic
GSE: GCB
IndustryFinancial services
Founded1953; 71 years ago (1953)
HeadquartersAccra, Ghana
Key people
Mr. Kwaku Asirifi
Chairman
Mr. Kofi Adomakoh
Managing Director[1]
ProductsLoans, Savings, Checking, Investments, Debit Cards, Mobile Banking, Credit Cards, Mortgages
RevenueIncrease Aftertax:GHS:326 million (2018)
Total assetsUS$ 1.7 Billion (GHS:9.7 billion) (2018)
Number of employees
2,299 (2019)
Website[1]
GCB Bank Ltd. High Street

GCB Bank Limited formally known as Ghana Commercial Bank is the largest bank in Ghana in terms of total operating assets and share of industry deposits, with 14.2% of total industry deposits.[2] In August 2017, the Bank of Ghana, the nation's central bank, announced that it had approved a Purchase and Assumption transaction with GCB Bank Limited for the transfer of all deposits and selected assets of UT Bank and Capital Bank (Ghana) to GCB Bank Ltd.[3]

  1. ^ "The Board of Directors". Archived from the original on 2011-07-25. Retrieved 2012-07-06.
  2. ^ "PWC Ghana Banking Report 2019" (PDF).
  3. ^ "BoG Statement on GCB Takeover". Myjoyonline. Retrieved 2019-02-04.