Cal Bank is a commercial bank in Ghana, which is licensed by the Bank of Ghana, the central bank and national banking regulator. The headquarters of Cal Bank and its main branch are located at 23 Independence Avenue, in the central business district of Accra, the capital of Ghana. The geographical coordinates of the bank’s headquarters are:05°33’51.0″N, 0°11’44.0″W (Latitude:5.564167; Longitude:-0.195556.
Founded in 1990, Cal Bank is a large financial services retail bank that serves the banking needs of large corporations, high net worth individuals, non-governmental organisations, regular customers and small and medium enterprises. As of December 2020, the bank’s assets totalled GHS:7,924,586,000 (US$1.370 billion), with shareholders’ equity of GHS:1,132,772,000 (US$195 million). The stock of Cal Bank is traded on the Ghana Stock Exchange under the symbol CAL.
Cal Bank is governed by a board of directors, of whom one is an executive director and nine are non-executive. The chairman of the board is Joe Mensah, one of the non-executive directors. Philip Owiredu is the managing director of Cal Bank.
He is a Fellow of Chartered Certified Accountants (FCCA). Prior to becoming the managing director at Cal Bank, he held several managerial positions at the bank, including: (a) financial controller (b) chief financial officer and (c) executive director. Before joining Cal Bank, Owiredu served as senior manager at KPMG Ghana.
Cal bank covers institutions ranging from small neighbourhood banks to huge metropolitan institutions or multinational organizations with hundreds of branches. Although U.S. banking regulations limited the development of nationwide bank chains through most of the 20th century, legislation in 1994 easing these limitations led American commercial banks to organize along the lines of their European counterparts, which typically operated offices and bank branches in many regions.
Cal Bank Customer Care Number In Ghana
0800500500 or on 0302739900.
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