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There’s no change in ownership – CBG debunks sale to Swiss Entity

The Consolidated Bank Ghana Limited (CBG) has vehemently disregarded claims suggesting that the bank has been sold to a Swiss entity.

Andy Frimpong Manso by Andy Frimpong Manso
September 19, 2024
in Business, General, Lead story, Local News, News, Review, Top Stories
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There’s no change in ownership – CBG debunks sale to Swiss Entity
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The Consolidated Bank Ghana Limited (CBG) has vehemently disregarded claims suggesting that the bank has been sold to a Swiss entity.

CBG, in a statement, indicated that there has not been any change in ownership, thus, debunking such claims citing government as the sole shareholder.

“There has been no change in the ownership of the Bank and the Government of Ghana remains the sole shareholder. We wish to state that reports of the sale of the Bank are entirely false and misleading”, the release stated.

GCB further noted that customer deposits are in secure, urging clients of the bank’s commitment to providing reliable services.

“There is therefore no cause for concern regarding customer deposits and the Bank’s operational integrity.

“The Bank continues to deliver exceptional customer service and innovative products. As the SME Bank of choice, the loyalty and trust placed in us by our customers are highly appreciated.”

“We assure our cherished customers that their funds are secure with the Bank, and urge the public to rely on the Bank’s official communication channels for any information,” a portion of the statement read.

Tags: Consolidated Bank Ghana Limited (CBG)DisregardfalseSwiss Entity




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