Thursday, 04 June

GCB Bank marks 67 years

Business
GCB Bank

GCB Bank Limited, Ghana’s premier indigenous bank, is 67 years old today, 20 May 2020.

GCB Bank was established in 1953 as the Bank of the Gold Coast, to provide banking services to indigenous businesses to help drive the country’s socio-economic development.

In 1957, when Ghana attained independence, the Bank of Ghana was established as the Central Bank and the Bank of the Gold Coast was renamed Ghana Commercial Bank to focus specifically on commercial banking activities.

In 1996, it listed on the Ghana Stock Exchange and in 2014, the Bank rebranded from Ghana Commercial Bank to GCB Bank Ltd to refresh its image and project a renewed dynamism.

In 2017, GCB acquired two indigenous banks in a single day; a transaction which hitherto was unprecedented in Ghana’s banking industry, as part of its strategy of market dominance.

GCB is currently focused on process transformation and digitisation in its quest to deliver better services and superior value to clients.

Source: classfmonline.com