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 on the Bank’s direct contribution to employment which is made evident by the Bank’s staff strength.
He also spoke on the support the Bank has provided to the various sectors of the economy.
“In terms of the support for the various sectors, GCB has been an active player in the cocoa value chain. We have supported agribusinesses, the hospitality sector and energy sector. The support we provided to the Tema oil refinery helped to keep the wheels of commerce and industry running.”
Mr. Adamah cited financial inclusion as one of the Bank’s biggest contributions to the Ghanaian economy. Speaking specifically about the Bank’s extensive branch network, he emphasized on how the contributions of the Bank speaks to its aim of bringing financial inclusion to every single Ghanaian. He further explained that the physical locations of the Bank represent one of the many channels available to offer customers the convenience they need. He spoke on the various digital banking options available to GCB Bank customers as well like, the telco-agnostic mobile money wallet G-money, the Bank’s mobile banking suite, internet banking and the newly revamped mobile app.
On the Bank’s rebranding in 2014 from Ghana Commercial Bank to GCB Bank, Mr. Adamah explained that the Bank felt the need for a refreshing look to match the reinvigorated mindset the Bank was adopting.
“It was a transformative process that was meant to usher us into the next phase of our life to truly become your bank for life.”
Mr. Adamah closed out the interview by speaking on the Bank’s revamped personal loan promo which now has an increased assessible amount of GHC400,000 which started running in September this year.
“We are leaders in the household loan markets today and there is still a lot of potential in that market, so we are deploying a lot of our capital in that area to diversify our asset base especially through the retail loan segment.”
In concluding the interview, he emphasized that the Bank intends to create more value for all of its stakeholders in the next decade and cautioned customers to be weary of fraudulent individuals attempting to take advantage of them.