Local Business

CBG Clarifies Position on Swiss Acquisition Rumors

Story Highlights
  • CBG denies Swiss entity takeover rumors
  • Customer deposits and operations remain secure
  • Government retains sole ownership
  • CBG committed to customer service and transparency

The Consolidated Bank Ghana Limited (CBG) has issued a statement to address widespread rumors circulating on social media. The rumors falsely claimed that the bank has been sold to a Swiss entity.

CBG vehemently denied these allegations, reassuring the public that there has been no change in ownership. The bank remains a fully government-owned institution.

In a statement released to the press, CBG emphasized that customer deposits are secure and reaffirmed its commitment to providing reliable services.

The bank’s statement read: “There has been no change in the ownership of the Bank, and the Government of Ghana remains the sole shareholder.”

CBG went on to describe the reports of the sale as “entirely false and misleading.” The bank urged the public to disregard these rumors.

CBG reassured customers that their funds are secure and that the bank’s operational integrity remains intact.

As the SME Bank of choice, CBG expressed gratitude for the loyalty and trust placed in them by their customers.

The bank pledged to continue delivering exceptional customer service and innovative products. CBG encouraged the public to rely on official communication channels for accurate information.

By addressing these rumors directly, CBG aims to maintain transparency and reassure stakeholders of its stability and commitment to serving Ghana’s banking needs.

Read Below Statement:

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