Banjul, The Gambia//– Trust Bank PLC (TBPLC) today announced its intention to delist from the Ghana Stock Exchange, subject to the approval of the Securities and Exchange Commission (SEC) and the Ghana Stock Exchange (GSE).
This decision follows a shareholders’ resolution passed at the Company’s 26th Annual General Meeting on July 4th, 2024. The delisting is part of TBPCL’s strategic plan to focus its resources on its core operations within The Gambia.
By delisting from the GSE, TBPLC aims to streamline its operations, optimise resource allocation, and enhance its service delivery to better meet the needs of its customers and stakeholders.
TBPLC remains committed to maintaining its strong presence and continuing its growth trajectory in The Gambia while upholding the highest standards of service and corporate governance.
The proposed delisting is not expected to have any adverse impact on TBPLC’s day-to-day operations, financial performance, or relationship with its stakeholders.
Further details regarding the delisting process will be communicated to shareholders and the public in due course.
Instructively, Trust Bank PLC Trust Bank PLC is a leading commercial bank in The Gambia, offering a wide range of banking products and services to both retail and business customers.
Founded in 1997, the bank acquired the assets and liabilities of the defunct Meridian Biao (Gambia) Bank. Today, Trust Bank (Gambia) is one of the largest commercial banks in The Gambia in terms of asset size and branch network. Its major shareholder is the Social Security and Housing Finance Corporation (SSHFC) of The Gambia.
