{"id":218891,"date":"2024-09-20T06:01:43","date_gmt":"2024-09-20T06:01:43","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/09\/20\/consolidated-bank-ghana-cbg-is-100-state-owned-not-sold\/"},"modified":"2024-09-20T06:01:43","modified_gmt":"2024-09-20T06:01:43","slug":"consolidated-bank-ghana-cbg-is-100-state-owned-not-sold","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/09\/20\/consolidated-bank-ghana-cbg-is-100-state-owned-not-sold\/","title":{"rendered":"Consolidated Bank Ghana, CBG Is 100% State Owned, Not Sold"},"content":{"rendered":"<p><\/p>\n<div>\n<p>\u00a0<\/p>\n<p>Consolidated Bank Ghana Ltd. (CBG) has moved swiftly to quell rumors circulating on social media that the bank has been sold.<\/p>\n<p>In a press statement released on Wednesday, the bank\u2019s management emphatically denied the allegations, reassuring customers that their deposits remain secure.<\/p>\n<p>CBG clarified that the Government of Ghana remains the sole shareholder, and there has been no change in the bank\u2019s ownership structure.<\/p>\n<p>The statement described the sale rumors as \u201centirely false and misleading,\u201d urging the public to disregard them.<\/p>\n<p>The bank assured its customers that operations will continue uninterrupted, with a focus on delivering exceptional customer service and innovative products.<\/p>\n<p>As the preferred bank for Small and Medium-sized Enterprises (SMEs), CBG expressed gratitude for the loyalty and trust placed in it by its customers.<br \/>\u201cWe want to reassure our valued customers that their funds are secure with us,\u201d the statement read.<\/p>\n<p>\u201cWe urge the public to rely on the bank\u2019s official communication channels for accurate information.\u201d CBG\u2019s management emphasized that the bank\u2019s operational integrity remains intact.<\/p>\n<p>Consolidated Bank Ghana Ltd. was established in 2018, following the consolidation of five banks: Beige Bank, Construction Bank, Royal Bank, Sovereign Bank, and UniBank.<\/p>\n<p>The bank\u2019s formation aimed to strengthen Ghana\u2019s banking sector and improve financial stability.<\/p>\n<p><strong>BY Daniel Bampoe<\/strong><\/p>\n<p><!-- CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 Consolidated Bank Ghana Ltd. (CBG) has moved swiftly to quell rumors circulating on social media that the bank has been sold. In a press statement released on Wednesday, the bank\u2019s management emphatically denied the allegations, reassuring customers that their deposits remain secure. CBG clarified that the Government of Ghana remains the sole shareholder, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-218891","post","type-post","status-publish","format-standard","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Consolidated Bank Ghana, CBG Is 100% State Owned, Not Sold - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/09\/20\/consolidated-bank-ghana-cbg-is-100-state-owned-not-sold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consolidated Bank Ghana, CBG Is 100% State Owned, Not Sold - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"\u00a0 Consolidated Bank Ghana Ltd. 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