Question: Which bank has the most branches in Ghana?

GCB Bank Ltd is the largest indigenous financial institution in Ghana with 184 branches. As of December 2018, the bank’s total assets were valued at about GHS9. 7billions+, with shareholders’ equity of approximately GHS:1.3billion+.

Which bank has more branches in Ghana?

GCB Bank Limited is the largest bank in Ghana in terms of total operating assets and industry deposits. It has around 184 branches. Finding the perfect banks in Ghana for your needs is the first step towards a great financial future.

Which bank is the largest bank in Ghana?

GCB is currently Ghana’s largest Bank with over 200 networked branches, 20 Agencies and 280 ATMs.

What are the top 5 banks in Ghana?

Some of these banks include; Ghana Commercial Bank, Standard Chartered Bank (Gh) Ltd., Barclays Bank (Gh) Ltd., SG-SSB Limited, Metropolitan Allied Commercial Bank, the Trust Bank, Zenith Bank, Intercontinental Bank, Standard Trust Bank, Fidelity Bank, Guaranty Trust Bank (Ghana) Limited.

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Which bank has the highest investment rate in Ghana?

Stanbic Bank Kenya promises the highest rates in Ghana and amazing, profound flexibility covering several investment periods.

What is the safest bank in Ghana?

Global Finance has named GCB Bank Limited as the Safest Bank in Ghana. Of the 33 banks in Ghana only GCB is mentioned in the release which also identified safest commercial and emerging markets among others.

Which is richest bank in world?

The list is based on the April, 2020 S&P Global Market Intelligence report of the 100 largest banks in the world.

By total assets.

Rank Bank name hideTotal assets (2020) (US$ Billion)
1 Industrial and Commercial Bank of China 4,324.27
2 China Construction Bank 3,653.11

What is the new name for Ghana Commercial Bank?

By the approval and pending finalisation of documentation with the Registrar General Department, other regulatory agencies and stakeholders, GCB will now be called GCB Bank Limited.

Which bank is reliable?

Best banks and credit unions

Financial institution Best for …
Ally Bank Overall, customer service
Discover Bank Overall, cash-back rewards
Alliant Credit Union Overall, ATM availability
One Finance Overall, flexible overdraft options

Do we have first bank in Ghana?

About Us. FBNBank Ghana Limited is a subsidiary of First Bank of Nigeria Limited, Sub-Saharan Africa’s premier banking brand. FBNBank Ghana was formerly International Commercial Bank (ICB) which commenced operations in Ghana in November 1996.

Which bank are they using in Ghana?

State-owned National Investment Bank (NIB) currently operates as a universal bank in Ghana with a focus on development/commercial banking services. The bank also serves as a major lender to the country’s agro-processing, building and construction, manufacturing, and service sectors.

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Which bank is best for opening a savings account?

Top Banks that have the Best Savings Account for Individuals

  • State Bank of India (SBI) Savings Account.
  • HDFC Bank Savings Account.
  • Kotak Mahindra Bank Savings Account.
  • DBS Bank Savings Account.
  • RBL Bank Savings Account.
  • IndusInd Bank Savings Account.

How can I grow my money in Ghana?

Here are 5 ways to invest your money in Ghana

  1. Fixed deposits. Also referred to as term deposits are quite straightforward as they employ the simple interest formula for calculating interest. …
  2. Mutual Funds. …
  3. Shares. …
  4. Treasury Bills. …
  5. Bonds.

28.07.2020

Can you lose money in fixed deposit?

However, if we go by the experts’ advice, an investor investing in Bank FD may lose money in case the bank becomes a defaulter. … If an investor is slated to get an amount in excess of Rs 5 lakh as maturity amount, then such investors won’t get more than Rs 5 lakh, in case of bank default.

Which bank investment is the best?

Top Investment Options in India

Investment Options Period of Investment (Minimum) Returns Offered
Public Provident Fund (PPF) 15 years 7.9 per cent
Bank Fixed Deposits 7 days Fixed Returns, different from bank to bank
Senior Citizen Savings Scheme (SCSS) 5 years 8.7 per cent
Real Estate 5 years 19-15 per cent

What is the most profitable business in Ghana?

10 Most Profitable Business Ideas in Ghana 2021

  • Poultry farming.
  • Snail farming.
  • Vegetable farming.
  • Uber.
  • Day Care Center/Basic School.
  • Photography services.
  • Barbering Saloon.
  • Gym/Fitness Center.

5.03.2021

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