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Business News of Friday, 24 October 2014

Source: GNA

First National Bank now GN Bank

The First National Bank has been rebranded as an international bank under the name; GN Bank.

Its core values and corporate mission focusing on providing excellent and accessible banking services to the ordinary citizen and creating wealth for stakeholders among other things, remain the same.

Mr Henry Lamptey, General Manager, Corporate Banking, who announced this at a colourful ceremony in Kumasi on Thursday to launch the new name, said the bank had not been sold out but the name had to be changed to distinguish it from other universal banks bearing the same name in other parts of the world.

He said the new name came with a new logo – the letter GN written boldly in gold in a maroon box signifying money and wealth.

Mr Lamptey enumerated some of its services as local and international money transfer, regular savings, current and fixed deposit accounts, gh-link enabled, SMS banking, mobile van banking, branchless banking and e-statements.

Mr Charles Nimako, Director, said the financial institution that started eight years ago could now boast of 103 branches nationwide and had about 10 branches in the Ashanti Region.

He said on September 18, this year, Bank of Ghana (BoG) granted the bank the full universal banking license.

He said it was a fully-owned Ghanaian bank which ensured that majority of its shareholders were Ghanaians.

Nana Bafour Agyei Kesse IV, Adumhene, in a speech read for him, lauded the bank for initiating core services that promoted socio-economic development of the region.

He called on the staff to treat customers with respect and continue to be loyal and hardworking.