Banking & Finance

Consolidated Bank Ghana Denies Rumors of Sale to Swiss Entity

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Consolidated Bank Ghana Limited (CBG) has dismissed circulating reports on social media claiming the bank has been sold to a Swiss entity. In an official statement, CBG assured the public that there has been no change in ownership, emphasizing that it remains fully government-owned.

The bank also reassured customers that their deposits are secure and reaffirmed its commitment to providing reliable services. “The Government of Ghana remains the sole shareholder,” the statement read, calling the rumors of a sale “false and misleading.”

CBG further urged customers and the public to rely on official communication channels for accurate information and assured them of the bank’s continued dedication to offering innovative products and exceptional customer service.

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