GCB Bank Ltd. started in 1953 as the Bank of the Gold Coast to provide banking services to the emerging nation for socio-economic development.

The Bank was to provide special attention to Ghanaian traders, business people and farmers who could not elicit support from the expatriate banks.

In 1957, when Ghana attained independence, Bank of Ghana was established as the Central Bank while the Bank of the Gold Coast was renamed Ghana Commercial Bank to focus solely on commercial banking services.

Since then Ghana Commercial Bank branches have been opened across the length and breadth of the nation tapping the potential of the 10 regions that make Ghana.

The Bank had been wholly government owned until 1996 when under the economic recovery programme part of the government ownership was divested. Today government ownership stands at 21.36% while institutional and individual holdings add up to 78.64%.

From the one branch of the 1950s, Ghana Commercial Bank now has over 150 branches and 11 agencies throughout the country.

GCB abounds in high quality human resource, which stands at 2,101 as at the end of 2009. This is remarkable when one considers that the Bank started with a staff of 27. Currently there are professionals of various disciplines who work in tandem to achieve the objectives of the Bank.

The growth of the Bank has been synonymous with its customer base. During the first five years of the Bank’s operations, our customers were mainly small Ghanaian traders (now termed SMEs) and other nationals who were expected to maintain credit balance accounts because the Bank was then not adequately capitalized. From the small trader as customer, Ghana Commercial Bank now has a customer profile that ranges from salaried workers through small and medium scale entrepreneurs to large trading concerns, quasi-governmental institutions and corporate customers.

GCB provides a wide range of products and services for the benefit. of its customers. From the traditional products of the Current/Savings Accounts, GCB now offers specialized products and services including Link2Home for Ghanaians resident abroad, doorstep cash collection, loans and overdrafts. There are also investment products like treasury bills as well as fixed and call deposits. These are cut to suit the individual needs of customers.

In addition, Ghana Commercial Bank has taken advantage of an enhanced information technology system, to introduce Internet Banking (Commernet Plus), Royal Banking, Smart Pay (Fee Payments), Kudi Nkosuo, GCB Inland Express Money Transfer, International Money Remittance Payments, GCB Kidistar Account and MasterCard.

All these have been done to increase profits and enhance shareholder value.

Today we can boast of being the widest networked Bank in Ghana.

Ghana Commercial Bank offers accessible financial support wherever it is needed through helpful service and expert solutions, to encourage business and enrich people’s lives.

Positioning Statement

Vision

We aspire to become Ghana’s favourite bank and one of the most recognised and preferred financial service brands in Africa and beyond.

Mission

Our Mission is to provide friendly, helpful and accessible banking services, combined with expert financial solutions that help people and businesses realise their goals.