Absa Bank Ghana (officially Absa Bank Ghana Limited) (ABGL), 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.
ABGL is a subsidiary of Absa Group Limited, a financial services conglomerate, headquartered in South Africa, with subsidiaries in 12 African countries and with assets in excess of US$87 billion as of 30 June 2017. Absa Group’s shares trade on the Johannesburg Stock Exchange under the symbol ABG.
The headquarters of the bank are located at Absa House, J.E. Atta-Mills High Street, in the central business district of Accra, the capital of Ghana. Absa Bank Ghana is a large financial services company, serving corporate clients, high net worth individuals, retail customers, and small and medium enterprises. As of 31 December 2020, the bank had assets of GHS: 12.546 billion (US$2.075 billion), with shareholders’ equity of GHS: 1.948 billion (US$322.2 million).
According to the archives of Barclays Bank Ghana, Colonial Bank opened a shop in what was then known as the Gold Coast in 1917. In 1925, the Anglo-Egyptian Bank, Colonial Bank, and National Bank of South Africa were merged to form Barclays Bank (Dominion, Colonial, and Overseas). In 1975, the Government of Ghana acquired 40 percent shareholding in Barclays Bank of Ghana. That stake was returned in 2003. In 2013, the bank became a member of Barclays Africa Group, with Barclays Plc holding a controlling 62.3 percent majority ownership.
The bank is supervised by a board of directors, was chaired by Charles A. Cofie, and is one of the non-executive directors. The managing director and CEO is Abena Osei-Poku.
Mrs Frances Adu –Mante was appointed as the board chair of Absa Bank Ghana in 2021. She assumes office with the expertise as a banker, legal practitioner, and business executive for over 42 years.
She occupies other positions such as the chair of the board of trustees of the University of Ghana Business School Endowment Fund. Also, she serves as a member of the Governing Council of the Presbyterian University College of Ghana.
The former Eco bank employee is a consultant at ROFAM Consultancy Services, a Legal & Human Resource Management Consultancy.
Absa Customer Care Number In Ghana
ABSA Customer Contact Centre on 030 242 9150, 0800 222 333
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