Is Bank of Ghana burnt?

Officials of the Ghana National Fire Service have revealed that no cash has been burnt in Saturday’s fire that caught the first floor of the 6-story building at the Liberty Towers at Kantamanto in Accra. … There are currently 40 men in the building”, he revealed in an interview monitored by

Which bank burned in Ghana?

Fire on Saturday gutted the GCB Bank, Liberty House branch at Kantamanto in Accra. The cause of the fire, which started on the first floor of the seven-storey building is unknown. According to eyewitnesses, the fire started around 8 am Saturday morning.

Is Ghana Commercial Bank burnt?

“We had a distress call that the Liberty Towers Branch of the GCB Bank had been gutted by fire. … On November 18, 2020, the Odawna market was gutted by fire, destroying over 400 shops. Traders’ belongings and monies were also burnt beyond recognition.

What is the new name for Ghana Commercial Bank?

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.

GCB Bank.

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Type Public
Founded 1953
Headquarters Accra, Ghana
Key people Mr. Jude Arthur Chairman Mr. Kofi Adomakoh Managing Director

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%.

What is the biggest bank in Ghana?

ECOBANK: Ecobank is now the biggest bank in Ghana in terms of operating assets following its merger with The Trust Bank in 2012. Its total assets stood at GHS3.

What is the interest rate on Treasury bills in Ghana?

Ghana: Markets

Reference Last
Money Market Rate Mar 2021 13.58
Treasury Bills (over 31 days) Mar 2021 12.61
Lending Rate May 2017 22.5
Average Long-term Government Bond Mar 2016 24.75

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.

Which bank is best for FD 2020?

IndusInd Bank is the topmost bank for 1 year FD as it offers the highest interest rate of 7.00% on deposits of this tenure. For 5 year FD, Jana Small Finance Bank provides the maximum rate of interest which is 7.00%.

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Hai Afrika!