YAD News

CBG Dismisses Rumors Of Sale To Swiss Company

Written by Sarah Boye

Consolidated Bank Ghana Limited (CBG) has dismissed widespread social media rumours suggesting that the bank has been sold to a Swiss company.

In an official statement, CBG assured the public that there has been no change in ownership and that the bank remains fully government-owned.

The bank emphasised the security of customer deposits and reaffirmed its commitment to providing reliable services. The statement read: 

“There has been no change in the bank’s ownership, and the government of Ghana continues to be the sole shareholder. We want to clarify that any reports of the bank’s sale are entirely false and misleading.

“There is no cause for concern regarding customer deposits or the bank’s operational stability. As the leading SME bank, we remain committed to offering exceptional customer service and innovative products. We greatly appreciate the trust and loyalty our customers have shown.”

READ STATEMENT:

About the author

Sarah Boye