List of Banks In Ghana – Complete List
What is a Bank
A bank is a financial institution licensed to receive deposits and make loans. Banks may also provide financial services such as currency exchange, transfer of funds to pay customers, home mortgage, Bancainsurance, wealth management and safe deposit boxes. There are several different kinds of banks including retail banks, commercial or corporate banks, and investment banks. In most countries, banks are regulated by the national government or central bank.
About Banks In Ghana
Banks in Ghana also provide credit opportunities for people and corporations. The bank lends the money you deposit at the bank—short-term cash—to others for long-term debt such as car loans, credit cards, mortgages, and other debt vehicles. This process helps create liquidity in the market—which creates money and keeps the supply going.
Ghana’s formal banking sector comprises the central bank (the Bank of Ghana) and a number of other banks, including commercial banks, development banks, merchant banks and a plethora of rural unit banks. As the Central Bank, the Bank of Ghana has the responsibility for implementation of monetary policies.
List of Banks in Ghana
The following are list of commercial banks currently operating in Ghana. The list is put together in no order of importance or arrangement.
Absa Bank Ghana Limited
Absa Bank Ghana Limited, formerly known as Barclays Bank of Ghana Limited, is a commercial bank in Ghana, licensed by the Bank of Ghana, the country’s central bank and national banking regulator. ABSA Bank Ghana Limited came into existence in 2018 from Barclays Bank of Ghana Limited.
Absa Bank Ghana is a large financial services company, serving corporate clients, high net worth individuals, retail customers and small and medium enterprises.
The full name of ABSA is Amalgamated Banks of South Africa (ABSA). ABSA Bank have
mobile banking app and code.
Access Bank (Ghana) Plc
Access Bank Ghana Plc, formerly Access Bank Ghana Limited, is a full service commercial bank in Ghana, licensed by the Bank of Ghana, the central bank and national banking regulator.
Access Bank provides support for financing landmark projects in the private and public sectors and currently they sponsorship with Asante Kotoko Football Club. Access Bank also operate mobile banking code and app for Access Bank customers.
FBNBank Ghana Limited
FBNBank Ghana Limited is a subsidiary of First Bank of Nigeria Limited, West Africa’s premier bank and Nigeria’s number one bank brand. FBNBank Ghana Limited was formerly International Commercial Bank (ICB) which commenced operations in Ghana in November 1996
Fidelity Bank is a commercial bank in Ghana which was issued with its Universal Banking License on June 28, 2006, making it the 22nd bank to be licensed by the Bank of Ghana. It is one of the twenty-seven licensed commercial banks in the country. Fidelity Bank is headquartered in Accra, at Ridge Towers.
Fidelity Bank is here for one reason, and one reason alone: to help people get where they want to be. We always strive to be the most trusted, caring and respected bank on the block. We do this by treating everyone with respect, and making sound and ethical professional decisions, every time.
First Atlantic Bank
First Atlantic Bank is a universal bank in Ghana. It is licensed as a commercial bank, by the Bank of Ghana, the central bank and national banking regulator.
The Universal Merchant Bank:
The Universal Merchant Bank was formally called Merchant Bank Ghana Limited and it has a head office in Accra, the capital City of Ghana.
Universal Merchant Bank was opened to the Ghanaian public in 15 March 1972 as a merchant bank. UMB as it is referred to introduced Retail Banking with the acquisition of a Universal Banking License in 2005.
Agricultural Development Bank of Ghana
Agricultural Development Bank of Ghana commonly known as Agricultural Development Bank or ADB, is a government-owned development and commercial bank in Ghana. The bank is the first development finance institution established by the Government of Ghana.
Agricultural development banks were established to extend credit and other financial services to customers not considered creditworthy by commercial banks. Although frequently unprofitable, they can play an important role in the fight against rural poverty.
Consolidated Bank Ghana
Consolidated Bank Ghana is a commercial bank in Ghana. It is licensed by the Bank of Ghana, the central bank and national banking regulator.
Consolidated Bank Ghana Limited (CBG) is an Indigenous Ghanaian Universal Bank licensed by Bank of Ghana under the Specialized Deposit – Taking Institutions Act, 2016 (Act 930). With its Corporate Head Office located in Accra, the Bank has 114 branches across 14 regions in Ghana
Ecobank Ghana is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator.
Ecobank has a dual mission: to build a world class African Bank and to contribute to the economic and financial development of our continent. The bank has consistently delivered superior shareholder returns and invested in building African capacity.
Calbank is a commercial bank in Ghana, that is licensed by the Bank of Ghana, the central bank and national banking regulator. We aspire to be a financial services institution of preference through delivery of quality service, using innovative technology and skilled personnel to achieve sustainable growth and enhanced stakeholder value.
OmniBSIC Bank Ghana Limited
OmniBSIC Bank Ghana Limited is a commercial bank in Ghana that is licensed by the Bank of Ghana, the central bank and national banking regulator. It was created by the merger of the erstwhile Omni Bank Ghana Limited and BSIC Ghana Bank Limited.
OmniBank is a fully Ghanaian owned bank with extensive and in-depth knowledge and understanding of the financial needs of Ghanaian businesses, families and individuals.
Prudential Bank Limited
Prudential Bank Limited, commonly known as Prudential Bank, is a private commercial bank in Ghana. It is licensed by the Bank of Ghana, the central bank and national banking regulator.
The bank was incorporated in 1993, and opened on 15 August 1996 with the first branch in Accra. Prudential Bank Limited is a medium-sized bank specializing in meeting the banking needs of small and medium-sized businesses and individuals.
Republic Bank Ghana Limited
Republic Bank Ghana Limited, formerly HFC Bank, is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the central bank and national banking regulator.
Republic Bank (ghana) Limited is located in Accra, Ghana and is part of the Banks & Credit Unions Industry. Republic Bank (ghana) Limited has 145 employees at this location and generates $80.41 million in sales (USD).
Societe Generale Ghana Limited (SSG BANK)
Societe Generale Ghana Limited is a bank that is based in Ghana, previously known as Société Générale – Social Security Bank. The bank is part of the Société Générale banking group. The bank is based in Accra and its stock is listed on the Ghana Stock Exchange. It is a component of the GSE All-Share Index.
Stanbic Bank Ghana Limited
Stanbic Bank Ghana Limited is a commercial bank in Ghana and is licensed by the Bank of Ghana, the national banking regulator.
Standard Chartered Plc
Standard Chartered Plc is a British multinational banking and financial services company headquartered in London, England. It operates a network of more than 1,200 branches and outlets across more than 70 countries and employs around 87,000 people.
GCB Bank Limited
GCB Bank formally known as Ghana Commercial Bank is the largest bank in Ghana in terms of total operating assets and share of industry deposits, with 14.2% of total industry deposits also in terms of number of branches across the country.
To be the established leader in banking, satisfying the expectations of customers and shareholders, providing a full range of cost efficient and high quality services through the optimization of information technology and efficient branch network.
Guaranty Trust Bank PLC
Guaranty Trust Bank PLC also known as GTBank or simply GTB is a Nigerian multinational financial institution, that offers online/internet banking, retail banking, corporate banking, investment banking and asset management services, with its head office in Victoria Island, Lagos.
First National Bank Ghana Limited
First National Bank Ghana Limited, commonly referred to as First National Bank Ghana, is a commercial bank in Ghana. It is licensed by the Bank of Ghana, the central bank, and the national banking regulator.
First National Bank Ghana offers a comprehensive range of products and services to the market under the leadership of a competent management team.
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