GCB Bank Plc has noted with alarm the distribution of information things in the eighth and 24th June 2022 versions of a paper called the Messenger recommending the end of the agreements of the Bank's current money on the way (CIT) sellers and granting contracts for defensively covered bullion van CIT administrations to unfit merchants. We consider the substance of the distribution as bogus, pernicious and planned to ruin and superfluously pre-empt the endeavors of the Board and The executives of the Bank to proactively safeguard the premium of investors.
The Bank has neither ended the agreement of existing CIT specialist organizations nor granted an agreement for the utilization of defensively covered bullion vans for CIT administrations.
Further, the Bank has not conceded a credit to any organization to get or potentially work defensively covered bullion vans for CIT administrations. For the paper to suggest that GCB Bank is giving a US$20 Million office to a merchant to obtain defensively covered vans and give CIT administrations to the Bank is unimportant 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 merchant who doesn't meet the prerequisites for the CIT administrations won't go on without serious consequences.
It could be reviewed that in December 2020, the Bank of Ghana (Swamp) gave a mandate for Banks to supplant delicate cleaned bullion vans with reinforced bullion vans for CIT administrations. Ensuing to the Lowland mandate, GCB Bank Plc got various proposition from planned merchants which will be viewed as inside the system of the Bank's obtainment interaction.
We wish to guarantee clients, the overall population and all partners that the Bank maintains high administration principles in drawing in sellers and will conform to its acquirement strategy and cycle to guarantee that organizations that meet both specialized and monetary prerequisites are chosen to complete CIT administration for the Bank.
GCB Bank Plc has a rich legacy and is a public resource that should be safeguarded and shielded from people with pernicious plan. The Board and The executives of GCB might want to encourage our staff, clients, investors and the overall population to overlook the malignant distribution and different forms being flowed via web-based entertainment and different stages.
The Bank is centered around offering monetary assistance to its clients and wide partner gatherings and will keep on safeguarding their inclinations.
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