Bank of Ghana (BOG) Releases List of Licensed Banks in Ghana
The Central Bank of Ghana which has the sole responsibility to regulate, supervise and direct the banking and credit system and ensure the smooth operation of the financial sector has released a list of banks in Ghana in good standing as at August 2018.
The latest list from the Bank of Ghana is to restore customers confidence in the Banking sector after the collapse of some local banks.
In August 2017, the Bank of Ghana gave GCB Bank the green light to acquire 2 local banks, UT Bank and Capital Bank. In August 2018, the Bank of Ghana announced the creation of Consolidated Bank to take over 5 struggling local banks. The 5 five banks are Beige Bank, Sovereign Bank, Construction Bank, The Royal Bank and Unibank.
According to the Governor of the Bank of Ghana, Dr. Ernest Addison, said that some banks presented fake documents that made it seem they could meet the new capital requirement.
Below are the list of the licensed banks in Ghana as at August 2018
- Access Bank (Ghana) Limited
- ADB Bank Limited
- Bank of Africa, Ghana Ltd
- Bank of Baroda (Ghana) Limited
- Banque Sahélo-Saharienne pour I’Investissement et le Commerce BSIC (Ghana) Limited
- Barclays Bank of Ghana Ltd.
- CAL Bank Limited
- Consolidated Bank Ghana Limited
- Ecobank Ghana Limited
- Energy Commercial Bank Ltd
- FBNBank (Ghana) Ltd
- Fidelity Bank Limited
- First Atlantic Bank Ltd
- First National Bank (Ghana) Ltd
- GCB Bank Limited
- GN Bank Limited
- Guaranty Trust Bank (Ghana) Limited
- Republic Bank (Ghana) Ltd
- National Investment Bank Ltd
- Prudential Bank Limited
- Societe General (Ghana) Limited
- Stanbic Bank Ghana Ltd
- Standard Chartered Bank (Ghana) Limited
- United Bank for Africa (Ghana) Ltd.
- Universal Merchant Bank Ltd
- Zenith Bank (Ghana) Limited
- Premium Bank Ltd
- OmniBank Ghana Limited
- Heritage Bank Limited
- GHL Bank Limited
- ARB Apex Bank Ltd
Related: BoG supports listing of banks as 9th bank issues IPO
