No change in ownership, gov’t remains sole shareholder – CBG assures customers

Consolidated Bank Ghana Limited (CBG) has refuted circulating social media reports claiming the bank has been sold to a Swiss entity.
In a statement, CBG assured the public that there has been no change in ownership and that the bank remains entirely government-owned.
“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 statement read.
CBG emphasised that customer deposits are safe and reassured clients of its continued commitment to delivering reliable services.
"There is therefore no cause for concern regarding customer deposits and the bank’s operational integrity," the bank noted.
As the self-proclaimed SME bank of choice, CBG thanked its customers for their loyalty and trust.
"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," the statement added.
The bank reiterated its dedication to providing exceptional customer service and innovative products, reassuring clients of its stability amidst the unfounded rumours.
Trending Business
Plastic prices to increase by 7% from July 1 due to new excise tax – GPMA announces
12:01GIPC CEO backs deployment of investment officers in District Assemblies
16:16SIC Insurance PLC inaugurates new board of directors
09:25Ghana Gold Board fully implements new licensing regime to curb illegal gold trade
01:08Ghana bags $3.9bn Chinese investment in ten years- GIPC CEO hints
14:34Oti Regional Minister confirms economic shutdown in Nkwanta amid renewed tribal clashes
12:06Anchor 24-hour economy on agriculture and manufacturing -GFL to gov't
01:07COCOBOD board chair pledges modernisation to support 24-hour economy policy
04:05Banking sector clean-up: Ex-NPP Youth Organiser refutes Frank Adu's claims, says sector stronger than ever
11:02Agric Minister woos Turkish tractor manufacturer to set up plant in Ghana
10:41