Business
GTB Ghana vows to address trade issues.
GTB Ghana vows to address trade issues.
Guaranty Trust Bank (Ghana) Limited recently released a statement in reaction to the Central Bank of Ghana suspending its license to conduct foreign exchange trading. The bank has reassured its customers and stakeholders that it is actively engaged in working with relevant government agencies and customers to address the trade-related issues at hand.
The suspension of the Foreign Exchange Trading license has no bearing on customer deposits or any other business segment of GTB Ghana’s operations, according to a press release from the department of corporate communications, as reported by Nairametrics. The bank emphasized that in spite of this regulatory action, all other services and products—such as primary branches, agency banking locations, and online banking—remain completely operational and always available to clients.
“Guaranty Trust Bank Ghana would like to clarify that this development does not affect customers’ deposits and other business segments of our operations,” said GTB Ghana. “Our customers and stakeholders are our primary responsibility.” In cooperation with the pertinent government agencies and clients, the bank reiterated its commitment to swiftly resolving the trade-related issues.
Additionally, GTB Ghana made it clear that the bank’s deliberate non-compliance was not the cause of the problem that resulted in the license suspension. It underlined that all of its operations adhere to strict anti-money laundering and counterterrorism financing policies. The bank announced that it is in continual communication and consultation with the Central Bank of Ghana in order to promptly address and settle any issues that have been brought up.
Finally, Guaranty Trust Bank Ghana reaffirmed its commitment to advancing the financial development of Ghana and its ability to positively impact the country’s financial markets in the best interests of all stakeholders and clients. The bank’s dedication to upholding integrity and confidence in its operations is demonstrated by both its proactive problem-solving strategies and its adherence to regulatory requirements.
GTB Ghana is committed to maintaining service continuity and effectively addressing regulatory challenges, as evidenced by its transparent communication and proactive engagement with stakeholders during this unfolding situation. Clients will not experience any interruptions in their ability to utilize the bank’s services and access a comprehensive array of banking solutions via a variety of channels, such as internet banking and mobile apps.
