GCB integrates system to cover UT, Capital banks

GCB Bank Limited is currently in the process of integrating its systems with that of recently-assumed banks, UT Bank and Capital Bank, to better serve customers of the respective banks.

In August 2017, the Bank of Ghana gave GCB Bank the green light to acquire UT Bank and Capital Bank as a result of what the Governor of the Central Bank, Dr Ernest Addison, termed as the lack of good corporate governance on the part of the two banks.

The Central Bank, as a result, revoked the licenses of the two banks as part of moves by government to restructure the banking industry.

The integration, when completed, will make GCB Bank the largest most visible bank brand across the country, managing a network of over 180 branches, 20 agencies and 300 ATMs.

This puts the bank in a strong position to provide an array of solutions to meet banking needs upon completion of the integration by the end of February, this year.

Customers of the GCB Bank are, therefore, encouraged to continue accessing banking services through their original bank channels until further notice, and stakeholders are assured of a superior banking experience from all bank channels.