Consolidated Bank Ghana (CBG) has officially resumed its foreign exchange trading operations after the Bank of Ghana (BoG) restored its forex trading licence. The licence had been temporarily suspended due to several regulatory violations.
In a statement, CBG management confirmed that the bank had collaborated closely with the BoG to address all compliance issues, culminating in the reinstatement of its licence on December 4, 2024.
“CBG is pleased to announce that the Bank of Ghana has restored our foreign currency trading licence. We have fully resumed all foreign currency services at our branches effective that date,” the statement read.
Comprehensive Forex Services Restored
With the licence restored, customers can once again access the bank’s full suite of foreign exchange services, including the buying and selling of foreign currencies, across all branches nationwide.
Apology and Commitment to Customers
The bank apologized for any inconvenience caused during the suspension period and expressed gratitude to its customers for their patience and loyalty.
“At CBG, we value our stakeholders and remain committed to providing a simple, secure, and differentiated banking experience while ensuring full regulatory compliance,” the statement concluded.
CBG reassured its customers of its dedication to maintaining compliance and delivering reliable financial services across the country.
