Ghana: GCB Bank plans to takeover state-owned National Investment Bank
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GCB Bank Limited has begun overtures to takeover state-owned lender, the National Investment Bank (NIB), in what could create the biggest bank in the country in asset terms.
1M | 3M | YTD | 1Y | 2Y |
+2.09% | +10.80% | +22.34% | +36.31% | +52.74% |
Value Traded (GHS) 61,903.95 |
Volume 34,309 |
Transactions - |
Market Cap. (Mln GHS) 82,459.74 |
GCB Bank Limited has begun overtures to takeover state-owned lender, the National Investment Bank (NIB), in what could create the biggest bank in the country in asset terms.
The Volta River Authority (VRA) and the Ghana Grid Company Limited (GRIDCo) would be listed on the Ghana Stock Exchange as a means of strengthening Ghana’s power sector.
CAL Bank Limited has announced that its second largest shareholder DPI has successfully sold its 27.7 percent stake in CAL Bank to Arise BV of Netherlands.
The third week trading on the Ghana Stock Exchange (GSE) continued upward trajectory as the bullish sentiments which characterized trading persisted on the Accra Bourse as investors’ appetite for Ghanaian equities ascended.