GN Bank To List On GSE In 2017

GN Bank, a subsidiary of Groupe Nduom, has announced its decision to list on the Ghana Stock Exchange (GSE) in 2017.

According to the President of Groupe Nduom, Dr. Papa Kwesi Nduom, measures have been put in place to attain the 2017 target of going public.

He explained that the move would enable more Ghanaians to own shares in the ingenious financial entity.

“If this country will progress, if our economy will improve, it is not someone from outside who will do it for us. It has to be us, Ghanaians who have to do it ourselves. Our objective is to make GN Bank the biggest bank owned by Ghanaians,” he disclosed.

Dr. Nduom also emphasized the need for wholly-owned Ghanaian entities to drive the nation’s economic transformational agenda instead of leaving it in the hands of foreign-owned entities that sometimes do not promote the interests of the country.

Dr. Nduom disclosed this at the official opening of the latest GN Bank Branch at Tsito in the Ho West District of the Volta region recently.

He said, “Our dream is that some day if there is a financial problem in Ghana, we will not run to America or IMF for support, but we should run to a Ghanaian bank and we want that bank to be GN Bank.”


New branches


The opening of the new branch brings to 17 the number of GN Bank branches in the Volta region, with plans to open six more before the end of 2016.

Jodi Fosu, South-Western Zonal Manager, who spoke on behalf of the Chief Executive of GN Bank, Patrick Anumel, urged the residents of Tsito not to fear doing business with the bank since it has the relevant licences to operate.

Chief of Awudome-Tsito, Togbe Gobo Dake, commended Groupe Nduom for bringing banking to the doorsteps of his people to help boost the local economy.

From Fred Duodu, Tsito ([email protected])