We've not terminated contract of existing CIT service providers, nor awarded contract for use of armoured bullion vans for CIT services;
The GCB Bank has discredited bogus media reports that it has ended its current money on the way (CIT) contract with their ongoing bullion van organization and have granted same to another organization.
The Banks says the distribution by the Envoy Paper in its eighth and 24th June releases are misleading, noxious and planned to dishonor and pointlessly pre-empt the endeavors of the Board and The executives of the Bank to proactively safeguard the premium of investors.
The bank, in a press proclamation gave on the 26th of June 2022 and endorsed by Mr. Emmanuel Kojo Kwarteng, the Corporate Undertakings Director noticed that the claimed conceding of a $20 million credit to a specific organization to get another reinforced bullion van for CIT tasks is false and manufactured to obliterate the great picture of the bank.
The assertion further guaranteed the clients and clients of the bank, as well as the overall population, that the bank is a legitimate public substance that won't soil its standing under any circumstance.
Further, the Bank has not conceded no a credit to any organization to secure or potentially work shielded bullion vans for CIT administrations. For the paper to hint that GCB Bank is conceding a US$20 Million office to a seller to obtain defensively covered vans and give CIT administrations to the Bank is paltry and a fabrication of their creative mind trying to defame the difficult work of the administration and staff of GCB Bank in developing this extraordinary public resource. Any endeavor to impact the Bank to consider any seller who doesn't meet the necessities for the CIT administrations won't go on without serious consequences, portions of the assertion peruses.
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