Dr. Papa Kwesi Nduom, the founder and CEO of GN Bank, has announced that the restoration of GN Bank's license will create at least 3,000 direct jobs across all 16 regions of Ghana by 2025. This exciting news comes after GN Bank's license was revoked by the Bank of Ghana during the Akufo-Addo administration, leading to job losses and affecting the livelihoods of many Ghanaians.

The decision to revoke GN Bank's license was part of a broader financial sector cleanup exercise, which was controversial and attracted criticism. However, during his campaign for the 2024 general elections, former President John Dramani Mahama promised to restore GN Bank's license if he won the presidency.

Now that John Mahama has been declared the winner of the 2024 elections, expectations are high that GN Bank will soon resume operations. Dr. Nduom's announcement of potential job creation signals the first step towards fulfilling this promise. According to Dr. Nduom, the reopening of GN Bank will not only bring jobs but also provide financial services to underserved communities in the country.



With branches spread across the 16 regions, GN Bank's return is expected to contribute significantly to Ghana's economy and provide hope for families who lost their sources of income. This announcement has generated positive reactions from many Ghanaians, especially those who are looking forward to new job opportunities.

GN Bank has a history of providing financial services to rural and underserved communities in Ghana. In 2018, the bank secured a $20-million funding from the Overseas Private Investment Corporation (OPIC) to support its expansion drive ¹. The bank has also been recognized for its efforts in promoting financial inclusion in Ghana, particularly in rural areas .

The restoration of GN Bank's license and the creation of new jobs are expected to have a positive impact on Ghana's economy. The bank's return is also expected to provide hope for families who lost their sources of income when the bank's license was revoked.