GCB Bank Ltd. Now Owns UT and Capital Bank

  1. GCB Bank Ltd., the largest indigenous bank in the country with an asset base of GHS 6.3 billion has assumed the businesses of UT Bank Ltd. and Capital Bank in a purchase and assumption transaction by the Bank of Ghana, effective Monday, August 14, 2017.
  2. GCB has in effect assumed the 53 branches of the two banks thereby growing its network to 214 branches across the country.

  3. GCB brings its experience, expertise and capacity for managing a sustainable and profitable institution to the assumed businesses.

  4. Customers of UT and CAPITAL Bank are assured unfettered access to their funds through their known channels and staff of the assumed banks, working with GCB staff to ensure seamless transactions.

  5. Corporate and SME customers will continue to work with their Relationship Managers in collaboration with GCB to facilitate a smooth transition and business continuity.

  6. The existing channels of service will remain functional while they are rebranded to reflect the change in ownership.

  7. During the transition period of up to six months, this arrangement will prevail while procedures and processes are consolidated and the branches assessed and streamlined.

  8. Suppliers of the two institutions will need to register with the Bank’s Support Services Division for integration onto the GCB platform.

  9. Today, all our newly acquired branches of UT and CAPITAL Bank will be opened from 13:00 for business and services to our new and cherished customers.

  10. For further information stakeholders are advised to reach GCB through its website www.gcbbank.com.gh and on the following lines:

  11. 0501607001

  12. 0556615817

  13. 0501607002

  14. 0556615823

  15. 0501607003

  16. 0556615819

GCB your bank for life

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