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28 MAY 2021
CBG’s ambitious resolve to
revolutionize SME banking
Banks play a pivotal role in the success of every economy but in economies such as Ghana’s, it is particularly banks that understand and prioritize micro, small, and medium scale enterprises (MSMEs) that will be the champions of all time.
Through their tactful patience and tailored approaches to SME financing, such banks become the vitalities of national development, helping to build the next generation of Ghana’s iconic companies that can propel sustainable growth, create and retain jobs as well as raise indigenous entrepreneurs.
Such is the story of the latest entrant to the banking sector, the Consolidated Bank Ghana Limited (CBG), which is busily carving a niche in that regard.
Established in 2018, CBG is confident of actualizing dreams that its peers have only dreamt about.
20 MAY 2021
ECOWAS Bank for Investment and Development (EBID)
The ECOWAS Bank for Investment and Development (EBID) has granted a 50 million US dollar facility to the Consolidated Bank Ghana Limited (CBG) to support Ghana’s road infrastructure development. The President and Chairman of the Board of Directors of EBID, Dr. George Agyekum DONKOR, and the Managing Director of CBG, Mr. Daniel Wilson ADDO, signed this historic deal at the Head Office of CBG in Accra, Ghana.
The granting of this line of credit embodies EBID’s development commitments in the ECOWAS member states to address the huge infrastructure deficit within the sub-region. This is in alignment with Ghana’s developmental agenda to boost socio-economic growth with the improvement of road infrastructure as a key driver. Consequently, this line of credit to CBG will provide an impetus to bolster the government’s development initiatives.
21 APRIL 2021
CBG Sponsors Ghana Prisons Service Roofing Project
The Ghana Prisons Service has commended Consolidated Bank Ghana (CBG) for its GHS 54,000 support for the roofing and painting of the school’s dinning and assembly halls.
Speaking during the presentation, Patrick Darko Missah, Director General of the Ghana Prisons Service expressed appreciation to CBG for the timely assistance.
“The Prison Officers Training School is the only training facility of the Ghana Prisons Service. The school is mandated to train new entrants for both the junior and senior corps of the service and run an in-service training for serving officers to prepare them for higher responsibilities. Since its established in the 1940s, the school has been housed in structures inherited from erstwhile signal Regiment of the Royal west Frontier Force which is now worn out.
26 MARCH 2020
CBG COMMITS GH¢1 MILLION TO SUPPORT COVID-19 FIGHT
Consolidated Bank Ghana Limited (CBG) is committing up to one million Ghana Cedis (GHS1,000,000.00), to support the fight against the spread of the novel Coronavirus (Convid-19) in Ghana.
CBG, whose tagline “We Stand with You”, is an indigenous bank and the country’s second largest by branch network is dedicating the funds towards public education and awareness, logistics, purchase of Personal Protective Equipment (PPEs), and other critical equipment to combat Covid-19 in Ghana.
The Managing Director of CBG, Daniel Wilson Addo who made the announcement explained that the money will be focused and targeted for maximum impact. Institutions who apply to CBG for support, will after swift and timeous due diligence receive assistance for their COVID-19 expenses and procurements.
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