CBG
CBG

Management of Consolidated Bank Ghana (CBG) Limited has denied reports alleging that the bank has been sold.

Reports of the purported sale of the bank emerged on social today, with some claiming that it has been sold to a “Swiss Front”, without recourse to Parliament.

But management of CBG, in a statement released this evening, refuted the claims as false and misleading.

“We wish to state that reports of sale of the Bank are entirely false and misleading” it said.

It stated that the Government of Ghana remains the sole shareholder of the company and assured customers of the safety of their deposits and investments.

“There has been no change in the ownership of the Bank and the Government of Ghana remains the sole shareholder”.

It added, “there is, therefore, no cause for concern regarding customer deposits and the Bank’s operational integrity”.

“We assure our cherished customers that their funds are secured with the Bank, and urge the public to rely on the Bank’s official communication channels for any information”.