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
-
Plastic waste driving flooding and climate concerns in Bamaahu — Youth Climate Reporter
4 minutes -
This week on The Career Trail
8 minutes -
My book was born out of university research – Mary Anane Awuku
9 minutes -
“I stepped back from politics for my husband to continue the journey” – Sammi Awuku’s wife
13 minutes -
Ghana will receive final IMF cash of US$318 million immediately after July board approval – Mission Chief
18 minutes -
Arthur Legacy, CAA Base partner to educate players on transfers, branding
24 minutes -
Midie: Children wade through mud daily to go to school
25 minutes -
GN Savings and Loans case is not over – Banking consultant
38 minutes -
Oh Why, Honourable Alexander Kwamena Afenyo-Markin?
55 minutes -
MoGCSP inaugurates, swears in Technical Working Group for new National Plan of Action on elimination of human trafficking
1 hour -
Charges dismissed against official at school where six-year-old shot teacher
1 hour -
India has a new political superstar – a cockroach
1 hour -
Mary Anane Awuku rejects caning, advocates counselling and parental involvement
1 hour -
Many people don’t like sharing their success tips – Mary Anane Awuku
1 hour -
Resurrection of GN Savings and Loans will be tough – Joe Jackson
1 hour