GN Bank Liberia Limited (GN Bank) has announced commencement of its banking operations as of Monday 6th June and has welcomed the opportunity to serve Liberia, according to a press release issued yesterday.
The release said the GN Bank has been given a license to provide banking products and services by the Central Bank of Liberia (CBL).
“We wish to assure the customers of the former First International Bank of Liberia, the Central Bank of Liberia and the Government and people of Liberia that we are ready to bring the best management, technology and close-to-client services to make it the bank of choice,” the release, quoting a GN Bank official said. “We pledge to serve with discipline and enthusiasm.”
GN Bank Liberia Limited is a member of Groupe Nduom, a conglomerate with over 50 companies in Ghana, Liberia, Togo, Côte d’Ivoire, UK and the USA. Groupe Nduom is into hospitality, banking, insurance, media, technology, real estate, pension and investment banking.
Central Bank of Liberia Governor Milton Weeks has said that GN Bank has brought in USD18.5m, which is adequate to meet the minimum capital requirement to operate a bank in Liberia.