Ghana Commercial Bank

GCB Bank Ltd

Type	Public
Traded as	: GCB
Industry	Financial Services
Founded	1953
Headquarters	Accra, Ghana
Key people	Mr. Jude Arthur Chairman Mr. Raymond Sowah Managing Director
Products	Loans, Savings, Checking, Investments, Debit Cards, Mobile Banking, Credit Cards, Mortgages
Revenue	Aftertax:GHS:299millions (2016)
Total assets	GHS:6 billions+ (2016)
Number of employees	1,532 (2016)
Website	[1]

Formerly Ghana Commercial Bank, now legally GCB Bank Ltd. The second largest bank in Ghana by net profit and total assets, licensed by Bank of Ghana, the national banking regulator.

GCB Bank Ltd is the largest indigenous financial institution in Ghana with 161 branches. As of December 2016^[update], the bank's total assets were valued at about GHS:6 billions+, with shareholders' equity of approximately GHS:1 million+.

The bank was founded in 1953, with 27 employees, as the Bank of the Gold Coast. Initially, it focused on serving Ghanaian traders, farmers, and business people, who could not obtain financing from the expatriate banks. In 1957, when Ghana attained Independence, the bank re-branded to Ghana Commercial Bank, to concentrate on commercial banking, since Bank of Ghana had been created to function as the central bank and banking regulator. In the beginning, the bank was wholly owned by the Government of Ghana. However in 1996, when government shareholding stands at 51.17%, the stock of the bank was listed on the . In 2013, the bank renamed itself GCB Bank Ltd, with a new brand identity which was launched at the end of 2014. Today, GCB Bank Ltd serves the banking needs of large corporations, parastatal companies, small and medium enterprises as well as individuals. As of December 2016^[update], the bank employs 1,532 staff, in branches distributed in all 10 regions of the Republic of Ghana.

The shares of of GCB Bank Ltd are listed on the and are part of the exchange's GSE All-Share Index. The government of Ghana maintains 21.4% shareholding in the bank, while the remaining 78.6% is owned by institutional and private investors. As of December 2016^[update], there are about 21 investors in the stock of the bank as depicted in the table below: