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    GCB   GH0000000094

GCB BANK PLC

(GCB)
  Report
End-of-day quote Ghana Stock Exchange  -  2022-10-05
4.000 GHS    0.00%
07/27GCB Bank Plc Reports Earnings Results for the Half Year Ended June 30, 2022
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06/30GCB BANK PLC : 1st-half-year results
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06/17Vice President Bawumia Inaugurates GCB Bank's North East Region Branch in Nalerigu
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Embrace Digitisation GCB Bank Urges Customers ... Relocates Salaga Branch

12/21/2021 | 04:06am EDT

GCB Bank Ltd has relocated its Salaga branch into a new business facility in the Salaga Market as part of its business transformation and offerings.

Prior to the commissioning of the new branch, the former facility hosted the branch for 40 years.

In a well-attended ceremony, the Head of Consumer Banking Department of GCB, Mr John Adamah, reiterated the need to embrace the use of digital channels in their banking transactions.

Mr Adamah stated that several communities and opinion leaders have been calling on the management to establish new branches in their districts and communities.

He explained that GCB has made huge investment in digitilising its processes, products and services making banking easily accessible to customers.

He expressed his appreciation to the Management of the Bank, former and present MCEs of the East Gonja Assembly for collaborating, facilitating and providing the space for the new branch premises.

Commenting on the relocation, the Paramount Chief of Kpembe Traditional Area, Bangbange Ndefulso IV, expressed his sincere gratitude to the Bank for its contribution towards improving the socio-economic fabric of Salaga and its surrounding towns.

"We have always known GCB as the best bank to serve our people, its interests and even so, the nation at large. Today will serve as a historical marker just as it is an important precedence that an astute bank like GCB has become a national asset serving communities of all regions in this country even after 68 years of its existence," the Kpembiwura intimated.

"Our communal support is yours, and our collective identity is with you. Just as you have made it a point to engage staff who are community folks and share our common tongue, the Kpembi community will partner with you for life."

Also in attendance were Mr Muniru Muktar, Head of Customer Service, GCB, Mr Mohammed Mipo, Tamale Regional Manager, GCB, Mr. Richard Broni, the Municipal Chief Executive, Chief Superintendent Amos K. Yelisong, the Municipal Police Commander and NHIS Manager Mr. Joe Braimah, among others.

Copyright Ghanaian Times. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

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Financials
Sales 2022 2 803 M 271 M 271 M
Net income 2022 779 M 75,2 M 75,2 M
Net Debt 2022 - - -
P/E ratio 2022 1,36x
Yield 2022 17,0%
Capitalization 1 060 M 102 M 102 M
Capi. / Sales 2022 0,38x
Capi. / Sales 2023 0,32x
Nbr of Employees 2 316
Free-Float 32,4%
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Technical analysis trends GCB BANK PLC
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Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 4,00 GHS
Average target price 6,25 GHS
Spread / Average Target 56,3%
EPS Revisions
Managers and Directors
John Kofi Adomakoh Chief Executive Officer, MD & Director
Socrates Afram Director & Deputy Managing Director-Finance
Jude Kofi Arthur Chairman
Abel Lomotey Daitey Chief Information Officer
Emmanuel Odartey Lamptey Director & Deputy Managing Director-Operations