Tag: CBG
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DBG commits to resolve bottle necks limiting economic resilience
The Development Bank Ghana (DBG) has indicated that it is committed to enhancing strategic measures to resolve the bottle necks that limit economic resilience in the country. The Development Bank explains that stimulation techniques towards economic transformation must be championed across all sectors of the economy including agricultural to spur economic growth. Speaking at the…
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EBID grants 50-million-dollar facility to CBG to finance road projects
The ECOWAS Bank for Investment and Development (EBID), has granted a 50 million USD facility to the Consolidated Bank Ghana Limited (CBG) to support Ghana’s road infrastructure development. The President and Chairman of the Board of Directors of EBID, Dr. George Agyekum Donkor, and the Managing Director of CBG, Mr. Daniel Wilson Addo, signed the…
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We’ve built the foundation for a world-class bank — CBG MD
The Managing Director of Consolidated Bank Ghana (CBG), Daniel Wilson Addo, has said the Bank has laid a foundation for a world-class bank to become e a monument for all time. CBG was formed to take over the operations of five banks whose licenses were withdrawn because they faced insolvency challenges. A statement issued after…
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Consolidated Bank to publish financial statements by August – CEO
The 2018 full year and 2019 half year financial statements of the Consolidated Bank Ghana (CBG) Limited should be published by the first week in August. It will follow the completion of the review of the documents by the regulator. The Managing Director of Consolidated Bank Ghana Limited, Daniel Addo who disclosed this assured all…
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Loan defaulters reach out to receiver of consolidated banks as ultimatum expires today
Some loan defaulters of the seven collapsed banks merged into Consolidated Bank Ghana, have reached out to the receiver, Nii Amanor Dodoo of KPMG, to discuss new terms of their indebtedness as a one-month ultimatum issued by the receiver elapses today, June 14, 2019, Citi Business News has learned. The receiver in a notice published…