The Consolidated Bank Ghana Limited (CBG) has dismissed widespread social media reports suggesting that the bank has been sold to a Swiss entity.
In an explanation, CBG disproved these rumors and assured the public that there had been no adjustment of ownership.
The bank added that it remains a completely government-owned company.
CBG stressed that customer deposits are secure and promised clients of the bank’s obligation to offering dependable forms of assistance. The statement began as:
“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.