Management of GN Bank has explained that they chose to become a savings and loans company instead of selling the bank off to a foreign entity in the bank clean up exercise being undertaken by the Central Bank. It comes after the bank of Ghana downgraded the bank into a savings and loans company after … Read more
Chairman of Groupe Nduom, and owner of now defunct GN Bank, Dr. Paa Kwesi Nduom, says they are looking forward to an assurance by the Bank of Ghana (BoG), to help them retrieve monies owed them by government to strengthen their finances, following the downgrade of their GN Bank to a Savings and Loans Company. According to him, the … Read more
The Bank of Ghana(BoG), has downgraded GN Bank to a Savings and Loans company. By this, the bank, owned by businessman Dr. Papa Kwesi Ndoum, has lost its banking license. The Bank of Ghana made the announcement on Friday, January 4, 2019. According to the governor of the central bank, Dr. Ernest Addison, GN Bank … Read more