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27.02.2008 Business & Finance

GCB Opens 136th Branch

By Daily Guide
GCB Opens 136th Branch
27.02.2008 LISTEN

Ghana Commercial Bank (GCB) continues to expand its banking business with the rolling out of its 136th branch at Dome, a suburb of Accra.

The move is part of the bank's policy of making services more accessible and convenient to the public.

The new Dome branch is one of the three branches of GCB opened between September and December last year.

The other two are the Ho Market branch opened in September, 2007 and the Kasoa branch opened in October, 2007.

With the opening of the Dome branch located on the Dome-Kwabenya road, the GCB branch situated near Saint John's Grammar School has now assumed the name, GCB Tantra Hill.

In a statement signed by Nana Duncan, Public Relations Manager of GCB, the bank said the expansion programme was within its policy of making banking services more accessible and convenient to Ghanaians in all sectors of the economy.

Apart from over-the-counter transactions, customers and non-customers can also use the GCB Xpress Money Transfer to move funds across the country, thus online banking.

The new branch at Dome offers services such as Kudi Nkosuo, personal loans, GCB Fast International Money Transfer, GCB Moneygram Remittances, Fodem for Non-Resident Ghanaians, Trade Services and Automated Teller Machine Services.

With its 136 branches and 10 agencies which are all networked, GCB remains Ghana's largest bank with a presence in almost all districts of the country.

On the capital market, its share price continues to appreciate reaching GH¢1.05
A recent banking survey conducted by accounting professionals, Pricewater House Coopers, placed GCB as the largest bank in terms of assets, both financial and fixed.

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