“GCB Has Been An Active Player In Supporting Various Sectors Of The Economy” – Mr. John Adamah

On Wednesday 20th September, Executive Head, Retail Banking Mr. John Adamah was a guest on GTV’s ‘Market Avenue’ hosted by Maurice Ogbete to speak on GCB Bank’s 70th anniversary celebrations. Mr. Adamah began the conversation by answering questions on GCB Bank’s contributions to the socio-economic development of Ghana over the last 7 decades. He spoke

The 9th Edition Connected Banking Summit – West Africa will be held on the 15th and 16th of November in Accra, Ghana

Innovations Powering Digital Inclusion and Sustainable Transformation The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation and delivering a delightful customer experience in line with policy and regulations while ensuring the highest standards of privacy and security. The Summit, collocated with the Connected Banking summit Innovation and

Ecobank Group and PAPSS Partner to Enhance Cross-Border Payment Across Africa

Mr. Jeremy Awori, Chief Executive Officer of Ecobank Group, and Mr. Mike Ogbalu III, CEO of PAPSS signed the Memorandum of Understanding on June 19, 2023, in Accra, Ghana. Ecobank Group, the leading pan-African banking Group, and The Pan African Payment and Settlement System (PAPSS) have signed a Memorandum of Understanding (MoU) to facilitate settlement

Tingg by Cellulant Automates Payments for Petrol Stations in Ghana

OMCs can now track and reconcile transactions easily, increasing their operational efficiency by 50% Tingg by Cellulant In-Store solution is transforming the digital payments space in Ghana by providing Oil Marketing Companies (OMCs) with a single payment collection point across multiple payment options and channels, ensuring real-time settlement. This advancement allows OMCs in the country

Collaboration Between Banks And Fintechs is the Future of Banking – GCB MD

The Managing Director of GCB Bank PLC, Mr Kofi Adomakoh, has stressed the need for more collaboration between banks and fintechs. He said fintechs and banks working together, cooperation and collaboration is the future of banking. Speaking at the Money Summit, organized by the Business and Financial Times (B&FT) in Accra, Mr Adomakoh added that

Pan African Payment and Settlement System (PAPSS) and African Securities Exchange Association (ASEA) Forge Strategic Partnership to Revolutionize Cross-Border Payment of Stock Exchanges in Africa

African Export and Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA) Secretariat developed PAPSS, which enables instant cross-border payment in local currency The Pan African Payment and Settlement System (PAPSS) and the African Securities Exchange Association (ASEA) have signed a Memorandum of Understanding (MoU) to enhance collaboration and cooperation in promoting cross-border

Growing Compliance to Take its Toll on Acquiring Margins Unless Banks Act

Banks hoping to navigate the uncertainties of 2023 will be looking to their modernisation efforts as a way to claw back some value. In its 2023 banking outlook, Deloitte has advised banks to “…reassess traditional product, service, and industry boundaries to create new sources of value.” The company has suggested that this could include exploring

GCB Holds A Roundtable Discussion On Women In The Digital Space

On the 8th of March 2023, the Corporate Affairs Department in collaboration with the Human Resource Department of GCB Bank PLC organized a Roundtable Talk to commemorate this year’s International Women’s Day. The theme for this year’s celebration was “Embrace Equity – DigitAll: Women in the IT And Digital Space” and the talk focused not

Four Ecobank Affiliates Named Best Trade Finance Provider by Global Finance Magazine

Ecobank Burkina Faso, Ecobank Côte d’Ivoire, Ecobank Ghana and Ecobank Rwanda all scoop awards Lomé, 20 March 2023 – Four affiliates of the leading pan-African banking Group, Ecobank Group, have won the coveted ‘Best Trade Finance Provider 2023’ Award in their respective countries. The affiliates, specifically Ecobank Burkina Faso, Côte d’Ivoire, Ghana and Rwanda received this

GCB Completes First PAPSS Client Transaction In Ghana

GCB Bank Plc, one of the largest banks in Ghana, today announced it successfully completed the first Pan-African Payment and Settlement System (PAPSS) client transaction in Ghana. The transaction involved a Ghanaian incorporated entity initiating a supplier payment from GCB in Ghana Cedis to a beneficiary in Nigeria who received the payment in Naira instantly.