First National Bank Ghana has confirmed the conclusion of the merger with its subsidiary, GHL Bank.
The merged entity will be known as First National Bank Ghana.
The newly formed and strengthened entity will offer a portfolio of unique innovative financial solutions for retail, corporate and investment banking clients. The bank has also enhanced existing solutions for the housing and real estate markets.
“We are very excited about the work that we have done to-date and the resulting seamless synergies we have achieved with this merger,” says Dominic Adu, Chief Executive Officer of First National Bank Ghana.
“We believe that this merger will offer customers the advantage of a broader suite of banking products and services while maintaining our commitment to all our stakeholders.”
A key benefit of the merger is the expanded branch network across the key cities of Accra, Tema, Kumasi and Takoradi.
Customers can now access all banking services from a total of eleven branches and on First National Bank Ghana’s world-class digital platforms, which make convenient banking services available 24/7.
The Executive Director of First National Bank Ghana, Richard Hudson commented that this merger reflects First National Bank Ghana’s focus on helping individuals and businesses achieve their full potential.
“This is an exciting time for us, and we are committed to partnering with our customers on their individual or business journey. There are current challenges impacting general growth and opportunities in the financial services sector, but we believe that our innovative approach to products and the focus on in-house digital banking solutions will give us the competitive edge”, he said.
Latest Stories
-
Asantehene receives more 19th century gold ornament and regalia
4 mins -
Hohoe Ghana Blind Union organises training for members ahead of Election 2024
10 mins -
Alan Kyerematen reveals his future plans for Ghanaian Health professionals
11 mins -
AAIN empowers women and small enterprises in Upper East Region through SHINE project
12 mins -
Akufo-Addo leads nationwide commissioning of 80 educational projects
19 mins -
Ghana and Seychelles strengthen bilateral ties with focus on key sectors
50 mins -
National Elections Security Taskforce meets political party heads ahead of December elections
53 mins -
Samsung’s AI-powered innovations honored by Consumer Technology Association
1 hour -
Fugitive Zambian MP arrested in Zimbabwe – minister
2 hours -
Town council in Canada at standstill over refusal to take King’s oath
2 hours -
Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws
2 hours -
Providing quality seeds to farmers is first step towards achieving food security in Ghana
2 hours -
Thousands of PayPal customers report brief outage
2 hours -
Gary Gensler to leave role as SEC chairman
2 hours -
Contraceptive pills recalled in South Africa after mix-up
3 hours