Prime News Ghana

Nduom's GN Bank to be listed on Ghana Stock Exchange in 2017

By Jeffrey Owusu-Mensah
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One of Ghana's most successful indigenous financial service providers, GN Bank, will be listed on the Ghana Stock Exchange (GSE) in 2017, President of Groupe Nduom, the bank's owners, Dr Paa Kwesi Nduom has revealed.

According to him, the move is to grant Ghanaians the opportunity to own shares in the fast-growing domestic bank and set it on the path of becoming the biggest bank in the country with the capacity to propel its economic transformation.

Speaking at the launch of the bank's branch at Tsito in the Ho West district of the Volta region, Dr. Nduom said, "Our dream is that, someday if there is a financial problem in Ghana, we will not run to America or the IMF for support. But we should run to a Ghanaian bank and we want that bank to be GN Bank".

He said it was important for wholly-owned Ghanaian entities to drive the nation's economic transformational agenda instead of leaving it in the hands of foreign-owned entities.

"If this country will progress, if our economy will improve, it is not someone from outside who will do it for us. It has to be us, Ghanaians who have to do it ourselves. Our objective is to make GN Bank the biggest bank owned by Ghanaians", he stressed

With the opening of the Tsitso branch, GN Bank now has 17 branches in the Volta region and 260 nationwide.