Consolidated Bank Ghana denies Swiss takeover claims

Sep 19, 2024 - 15:26

Accra, Ghana -The Consolidated Bank Ghana Limited (CBG) has dismissed social media claims that it has been sold to a Swiss entity.

In a statement, CBG confirmed its status as a fully government-owned institution, emphasizing that there has been no change in ownership.

“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."

“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," part of the statement read.

Find the full statement below