GCB Bank makes GHc16.9m dividend payment to government

GCB Bank last Wednesday presented a cheque for GHc 16.9 million to the Finance Minister, Ken Ofori-Atta, being dividend payment for the 2018 financial year.

The bank’s presentation follows a strong financial performance in the year under review where it declared more than GHc 300 million net profit.

Speaking at a short ceremony to present the cheque, the Finance Minister stated that the bank’s performance is commendable adding that it provides a lot of lessons for other state-owned enterprises to emulate.

The ceremony was led by Managing Director of GCB Bank, Ray Sowah.

The government, through the Ministry of Finance, owns about 21 percent shares in the local bank.

Having celebrated our 60th anniversary in 2013 and having launched a new image for our Bank in 2014 to help drive us forward for the next 60 years, the bank has developed a total conviction and confidence about an exciting future.

GCB Bank has  consistently grown and demonstrated its commitment to Ghana over the last six decades and has continue to do so in its achievements  and in the positive diff­erence it brings to people’s lives.

In a world where nothing stands still, GCB now occupies an environment with more intense competition and higher consumer expectation than ever before. Internet and mobile connectivity have increased beyond measure bringing new knowledge and higher expectation of service. This has significantly changed the way banking business is done and how it is perceived by the public.