Consolidated Bank Ghana refutes sale rumours, assures customers of stability

Consolidated Bank Ghana Limited (CBG) has denied rumors circulating on social media that the bank was acquired by a Swiss company.

CBG denied these allegations in a statement and reassured the public that there had not been a change in ownership.

The bank continued by saying that it is still entirely owned by the government.

CBG emphasized the security of customer deposits and gave clients confidence in the bank’s dedication to offering dependable services. The statement read:

“There has been no change in the ownership of the Bank and the Government of Ghana remains the sole shareholder. We wish to state that reports of the sale of the Bank are entirely false and misleading.

“There is therefore no cause for concern regarding customer deposits and the Bank’s operational integrity.

“The Bank continues to deliver exceptional customer service and innovative products. As the SME Bank of choice, the loyalty and trust placed in us by our customers are highly appreciated.

“We assure our cherished customers that their funds are secure with the Bank, and urge the public to rely on the Bank’s official communication channels for any information,” part of the statement read.

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