GCB Bank Limited changed its corporate name

GCB Bank Limited changed its corporate name

This is to officially inform the general public and stakeholders that the corporate name of the Bank has been changed from GCB Bank Limited to GCB Bank PLC as per a resolution passed by the shareholders of the Bank at its Annual General Meeting on 25th March 2021 and subsequent publication of the new name on the 1st November 2021 in the Commercial and Industrial Bulletin No 48 on page 406.

The change was mandated by the coming to force of the Companies Act, 2019 (Act 992) section 21 (b) which directs the last words of the corporate name of public companies limited by shares to be Public Liability Company or the abbreviation PLC.

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GCB Bank Limited to GCB Bank PLC

The corporate name is, therefore, GCB Bank PLC, and as such going forward the Bank shall be referred to as GCB Bank PLC in all future publications and contracts with third-party providers.

However, by section 21 (14) of Act 992, the name change shall not affect the rights or obligations of the company or render defective legal proceedings by or against the company. Hence, for existing agreements and contracts that bear the Bank’s old name, their validity will not be affected by the use of the Bank’s new name.

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Further inquiries

For more information or interview opportunities, please contact:

Corporate Affairs / Media Contacts

Emmanuel Kojo Kwarteng | Email: [email protected]h

Telephone: (+233) 540 103 097