The Consolidated Bank Ghana Limited (CBG) has dismissed widespread social media reports suggesting that the bank has been sold to a Swiss entity.
In a statement, CBG refuted these claims and assured the public that there had been no change in ownership.
The bank added that it remains a fully government-owned institution.
CBG emphasised that customer deposits are secure and reassured clients of the bank’s commitment to providing reliable 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.
