Company type | Public |
---|---|
GSE: GCB | |
Industry | Financial services |
Founded | 1953 |
Headquarters | Accra, Ghana |
Key people | Mr. Kwaku Asirifi Chairman Mr. Kofi Adomakoh Managing Director[1] |
Products | Loans, Savings, Checking, Investments, Debit Cards, Mobile Banking, Credit Cards, Mortgages |
Revenue | Aftertax:GHS:326 million (2018) |
Total assets | US$ 1.7 Billion (GHS:9.7 billion) (2018) |
Number of employees | 2,299 (2019) |
Website | [1] |
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]