GCB Bank last Wednesday presented a cheque for GH¢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 GH¢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.