The Board of Directors of GCB Bank Limited (GCB) has appointed Mr. Anselm Ransford Adzetey Sowah, a seasoned banker and lawyer as the Managing Director of the Bank.
Who is the owner of Ghana Commercial Bank?
GCB Bank
| Type | Public |
|---|---|
| Industry | Financial Services |
| Founded | 1953 |
| Headquarters | Accra, Ghana |
| Key people | Mr. Jude Arthur Chairman Mr. Kofi Adomakoh Managing Director |
Who is the board chairman of GCB?
Mr. Jude Arthur, an accomplished banker has been appointed Board Chairman of the Bank.
Is GCB a government bank?
GCB Bank Ltd. started in 1953 as the Bank of the Gold Coast to provide banking services to the emerging nation for socio-economic development. … The Bank had been wholly government owned until 1996 when under the economic recovery programme part of the government ownership was divested.
Who is the head of commercial bank?
Tushar Vikram – Managing Director, Head of Commercial Bank India – Citibank India | LinkedIn.
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.
What does GCB mean?
GCB
| Acronym | Definition |
|---|---|
| GCB | Guyana Cricket Board |
| GCB | Gas Circuit Breaker |
| GCB | Greatest Conceivable Being |
| GCB | Generator Circuit Breaker |
What is the new name for GCB?
GCB announces the change of their name from Ghana Commercial Bank Limited to GCB Bank Limited.
What is the interest rate of GCB 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%.
What is role of commercial bank?
The general role of commercial banks is to provide financial services to the general public and business, ensuring economic and social stability and sustainable growth of the economy. In this respect, credit creation is the most significant function of commercial banks.
What is importance of commercial bank?
Commercial banks are an important part of the economy. Not only do they provide consumers with an essential service, but they also help create capital and liquidity in the market. This entails taking money that their customers deposit for their savings and lending it out to others.
Which is the largest commercial bank in India?
State Bank of India (SBI)
SBI is India’s largest public sector bank and is ranked 232nd on the Fortune Global 500 list of the world’s biggest corporations. The bank is also the country’s biggest lender.