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GCB Bank presents GH¢21.5 million dividend to government


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GCB Government

Accra, June 29, GNA -GCB Bank Limited, has
presented GH¢21.5 million to the Government as dividend for 2016.

The dividend is in respect of the 21.4 per
cent government’s shareholding in the bank.

Mr Ken Ofori-Atta, Finance Minister, who
received the cheque from the, Managing Director Anselm Ray Sowah, described the
consistent payment of dividend by GCB to government as “the best one”.

H

Accra, June 29, GNA -GCB Bank Limited, has
presented GH¢21.5 million to the Government as dividend for 2016.

The dividend is in respect of the 21.4 per
cent government’s shareholding in the bank.

Mr Ken Ofori-Atta, Finance Minister, who
received the cheque from the, Managing Director Anselm Ray Sowah, described the
consistent payment of dividend by GCB to government as “the best one”.

He underscored the consistent and important
role that GCB played in the country’s economic development and urged them to do
a lot more.

Mr Ofori-Atta said GCB had a very significant
role to play in all the government initiatives to grow the economy and create
jobs as well as to cut down on migration from the rural areas to the city
centres.

He said government would find ways to give
more opportunities to the bank to ensure that it remained profitable to
contribute to the economy.

“GCB is a vanguard for transformation and
there is the need that it is strengthened further,” he said.

He commended the bank’s commitment to support
government’s one district one factory agenda with one billion cedis.

Mr Ofori-Atta said the role of the Ghanaian
bank’s are critical in such big tickets deals and expressed the hope that there
would be sensible mergers so that the Ghanaian banks would be in position to
finance big ticket deals.

The Minister urged the bank’s management to
consider the importance of leveraging technology, especially the payment
system, in advancing their cause to become a giant in the financial services
industry.

GNA


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