GCB BANK LIMITED CHANGES TO GCB BANK PLC



A press release issued by GCB Bank was to officially inform the general public and stakeholders that the corporate name of the Bank has been changed from GCB Bank Limited to GCB Bank PLC as per a resolution passed by the shareholders of the Bank at its Annual General Meeting on 25th March, 2021 and subsequent publication of the new name on the 1st November, 2021 in the Commercial and Industrial Bulletin No 48 on page 406.

The change was mandated by the coming to force of the Companies Act, 2019 (Act 992) section 21 (b) which directs the last words of the corporate name of public companies limited by shares to be Public Limited or the abbreviation PLC.

The corporate name is therefore GCB Bank PLC, and as such going forward the Bank shall be referred to as GCB Bank PLC in all future publications and contracts with third party providers.

However, by section 21 (14) of Act 992, the change in name shall not affect the rights or obligations of the company or render defective legal proceedings by or against the company. Hence, for existing agreements and contracts that bear the Bank’s old name, their validity will not be affected by the use of the Bank’s new name.

These further details were given for further information and or deliberation.
For more information or interview opportunities, please contact:
Corporate Affairs / Media Contacts Emmanuel Kojo Kwarteng | Email: corpaffairs@gcb.com.gh
Telephone: (+233) 540 103 097

Comments

Post a Comment

Popular posts from this blog

GCB Extends Working Hours

Image
The management of GCB has extended its working hours from their normal schedule to facilitate easy and efficient services for its cherished customers.  This directive takes effect from Monday 4th January, 2021 from the normal work hours of 9:00am to 4:00pm to 8:30am to 4pm. 
Read more

Prostate cancer and what men need to know.

Image
Prostate cancer is a worrying condition for men and can be life-threatening if left untreated. The rise of prostate cancer these days is overwhelming and men need to be aware of the risk factors, causes, and symptoms. Here is everything you must know: Prostate cancer is a type of cancer that affects the prostate, a small gland in the male reproductive system. The prostate gland is located just below the bladder and in front of the rectum. Its function is to produce the seminal fluid that nourishes and transports sperm. It is the most common type of cancer in men. Many prostate cancers grow slowly and are confined to the prostate gland, where they may not cause serious harm. However, while some types of prostate cancer grow slowly and may need minimal or even no treatment, other types are aggressive and can spread quickly. The exact cause of prostate cancer is unknown, but many factors may increase the risk of developing the disease. These include: •Age: Prostate cancer is most common i
Read more

Fomena MP joins NPP Caucus in Parliament

Image
The Independent Member of Parliament for Fomena who is also the 2nd Deputy Speaker, Andrew Asiamah Amoako, has officially communicated to the Speaker of Parliament, Rt Hon. Alban Bagbin notifying him of his decision to reunite himself with the New Patriotic Party (NPP) caucus in Parliament. This brings to bear that the NPP is most likely to constitute the Majority in Parliament pending results of the series of court actions the National Democratic Congress (NDC) has initiated against some Parliamentary seats which were won by the NPP in the December 7, 2020, general elections. The Fomena Lawmaker’s letter to the Speaker dated 13th January 2021, is posted for your perusal. 
Read more