Audio By Carbonatix
The GCB Bank has dismissed as complete fabrication, publications that its officials have granted some unauthorized loans to some individuals and companies.
A statement from the Bank says the publications are ‘malicious’ and are without a basis.
They should, therefore, “treated with the contempt that they deserve.”
“It should be noted that GCB Bank has some of the most stringent rules and procedures in the banking industry for granting of loans,” the statement added.
It said under the leadership of Board Chairman, Mr. Dan Owiredu, the “bank has continued on its growth path and put in place robust risk management systems.”
As a listed company, GCB Bank can’t possibly have granted unauthrised loans, the statement said.
The Bank said it is committed to guarding its reputation and would therefore file a complaint with the National Media Commission.
Latest Stories
-
Rogers and Palmer can play together – Alonso
7 minutes -
Diomande agrees Real Madrid terms as PSG step away
19 minutes -
Inter in advanced talks with England defender Stones
29 minutes -
Chelsea open talks to sign Henderson and Welbeck
36 minutes -
Ex-convict jailed for unlawful entry and stealing
47 minutes -
Unemployed gets 12 years jail term for robbing a traderÂ
58 minutes -
AG hauls former N.N. Est, M.N.D. Metals General Manager to court over alleged $280,000 theft Â
1 hour -
Interior Ministry inaugurates new Audit Committee to strengthen accountability
1 hour -
IMF describes Ghana’s ECF programme as broadly satisfactorily
1 hour -
Christians urged to embrace spiritual authority, become agents of transformation in society
1 hour -
Fuel price hikes driven by international trends, not OMC margins — COMAC
2 hours -
NPP can’t be equated to the NDC in any way – Eric Adjei
2 hours -
IMF Board completes 6th and final review of ECF programme, describes PCI as anchor to reform agenda
2 hours -
Cracker Barrel chief executive steps down a year after rebrand chaos
2 hours -
Trump defends tariffs in hard-hit Michigan as Canada tax hike looms
2 hours