How much is a share in Ghana Commercial Bank?

Previous Close ₵5.22
Open ₵5.22
Day Range ₵5.22 – ₵5.22
52 Wk Range ₵3.40 – ₵5.22
Market Value ₵1.4B

How much is a share in GCB?

The current share price of GCB Bank Limited (GCB) is GHS 5.22. The GCB stock closed its last trading day (Monday, May 31, 2021) at 5.22 GHS per share on the Ghana Stock Exchange.

What is the interest rate of Ghana Commercial Bank?

GCB is currently the bank with the lowest base rate in the country. With a base rate of 22.75% down from 26.0% GCB is strengthening its market leadership in the country’s banking industry where some banks have their base rates as high as 27% and 29%.

How do I buy shares in Ghana?

You can go to any licensed brokerage (full list here) and open a trading account. You would also be required to open an account with the Central Securities Depository (CSD). You can then make the request for your broker to buy whatever stocks you wish to purchase. However, this process is not without challenges.

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How can I buy MTN shares in Ghana 2020?

The shares can be bought through mobile money by dialling *170# and selecting option 7; through the MTN website by entering the URL, or by buying through selected MTN Ghana branches, IC Securities (Ghana) Ltd, any of MTN’s selected banks or any licensed stock broker of the Ghana Stock Exchange.

Has Ghana Commercial Bank been sold?

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.

GCB Bank.

Type Public
Number of employees 2,299 (2019)
Website [1]

What are bank shares?

Bank shares are the shares of a stock that represents the public offering of a bank. Bank shares are the shares of a stock that represents the public offering of a bank. … Likewise, a depression of bank stocks may signal a banking crisis in a particular country.

Which bank in Ghana gives the highest interest?

For agriculture, NIB and Republic Bank offered the highest interest rate of 34.8% and 33.5 – 34.2% respectively, while NIB, again, and CAL Bank offered the expensive loans at rates of 29.5 – 34.3% and 29%, respectively in the agriculture and manufacturing sectors.

Which bank is best in Ghana?

Top Banks in Ghana

  • The top banks in Ghana are:
  • GCB Bank Limited. …
  • Ecobank Ghana (EBG) …
  • Zenith Bank of Ghana. …
  • Barclays Bank of Ghana. …
  • Agricultural Development Bank. …
  • uniBank Ghana. …
  • Société Générale Ghana Ltd.
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Which bank has highest interest?

Best high-yield savings accounts in June 2021

  1. Vio Bank – 0.57% APY, $100 minimum opening deposit. …
  2. Live Oak Bank – 0.55% APY, $0 minimum opening deposit. …
  3. Alliant Credit Union – 0.55% APY, $5 minimum opening deposit. …
  4. Comenity Direct – 0.55% APY, $100 minimum opening deposit. …
  5. Quontic Bank – 0.55% APY, $100 minimum opening deposit.

Which companies are selling shares in Ghana 2020?

Well here is a list of all the listed companies on the Ghana stock exchange and their share prices.

  • Access Bank Ghana – 4.00.
  • African Champion Industries – 0.01.
  • Agricultural Development Bank – 5.95.
  • Aluworks ALW – 0.08.
  • AngloGold Ashanti – 37.00.
  • AngloGold Ashanti – 0.48.
  • Ayrton Drugs Manufacturing – 0.10.

How can I get rich in Ghana?

Check out these 8 interesting ways to make money in Ghana:

  1. Starting a Food Industry in Ghana. …
  2. Starting a gym business in Ghana. …
  3. Making money in Ghana from online businesses. …
  4. Reselling businesses in Ghana. …
  5. Running a barber’s shop. …
  6. Waste Management. …
  7. Investing in Ghana. …
  8. Internet Services.

What are the 4 types of stocks?

Here are four types of stocks that every savvy investor should own for a balanced hand.

  • Growth stocks. These are the shares you buy for capital growth, rather than dividends. …
  • Dividend aka yield stocks. …
  • New issues. …
  • Defensive stocks. …
  • Strategy or Stock Picking?

How much is a share in MTN Ghana?

Ghana Stock Exchange Share Prices

Company Price 52 week %
MTN 1.10 +71.88
Sam Woode 0.05 +25.00
NewGold 102.15 -3.18
Meridian 0.11 0.00
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Is it worth buying MTN shares?

MTN has however established itself as a global player and MTN shares should make some gains in the future as the company expands its product offerings. MTN shares could therefore be a bargain buy at present, as they are currently undervalued.

Where can I invest my money in Ghana?

Here are 5 ways to invest your money in Ghana

  • Fixed deposits. Also referred to as term deposits are quite straightforward as they employ the simple interest formula for calculating interest. …
  • Mutual Funds. …
  • Shares. …
  • Treasury Bills. …
  • Bonds.


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