1ST National Bank Rebrands To GN Bank

Governor of BoG, Dr. Henry Kofi WampaFIRST National Bank, a leading universal bank in Ghana, has changed its name to GN Bank, to help inject vigour into the growth of the bank.

The new bank was unveiled at a colourful ceremony, which was attended by the Governor of Bank of Ghana, Dr. Henry Kofi Wampah, a representative of the Minister of Finance, the National Chief Imam, Sheikh Nuhu Osmanu Sharabutu, the president of Group Nduom and wife, Dr. and Mrs. Nduom, and other leading players in the banking industry.

The Bank also changed its logo in conformity with its new name. Management of the bank says the vision of GN Bank is just the same as the one that led to First National, speedily underscoring its primary vision of being the only true bank for the ordinary Ghanaian.

Thus GN bank hopes to continue to work diligently without much fanfare to maintain its legendary status of being the friendly bank for students, workers, traders, professionals and micro, small and medium scale entrepreneurs.

With a clientele base that is more than half a million, GN Bank is perhaps running ahead of what the owners had anticipated in less than 10 years of operation.

The shareholders and directors are more than delighted that the drive to achieve the objective of setting up a facility for the ordinary Ghanaian is fast exceeding their anticipation.

INNOVATIONS

Further probing shows that GN Bank has many attractive products. These products are not only shoring up the image of the Bank, but also inducing customer attraction, confidence and satisfaction.

With operations in locations all over the country, including some of the remotest parts of the country, customers have access to save in areas that the big banks do not find suitable to do business.

A big differentiating factor is that GN Bank is the owner of the uniquely branded “Money Stores”.  The Bank plans to put in place 250 Money Stores to provide a safe avenue for people to save, transfer and receive money.

These will support the full service branches present in all the ten regions of the country.  This permanent physical presence will be without equal in the banking arena.

GN Bank has deployed fourteen (14) Mobile Banking Vans that roam market centers, lorry parks and commercial areas with “Fast Cash” Machines to dispense money and take deposits.  The Bank is the only one in the country that encourages people to save with amounts as low as 50 pesewas.

PRODUCTS

The leadership role of GN Bank in the Banking industry can also be attributed to many of its innovative products.

They include Wo Daakye, which is a special account that caters for families and also for the future needs of customers – Wo Daakye accounts can be opened with 50 pesewas and earns interest; Its Micro Enterprise Loans facilitate the growth of businesses of customers

BRANCHES

Although it has been less than a decade (2006) since it started operations, such unique features have contributed to an amazing presence of GN Bank in areas like Awaso, Damang, Half Assini in Western Region; Kasoa, Apam, Agona Swedru, Asebu, Twifu Praso in the Central Region; Sampa, Berekum  in the Brong Ahafo Region;  Bawku, Pusiga, Zebilla in the Upper East Region; Wulesi, Bole, Tatale and Saboba in the Northern Region and Kpassa, Dzemeni and Nkwanta in the Volta Region.

African Eye News

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