First National Bank Ghana absorbs GHL Bank and makes its first foray into mortgage lending
The subsidiary of FirstRand, South Africa’s leading bank group, will develop its retail banking strategy with the help of the Accra-based mortgage financing provider.
15/05/2020 at 17h27, by Valentin Grille
The acquisition, for an undisclosed amount, was approved in early May by Bank of Ghana and South African Reserve Bank. First National Bank will take full control of GHL Bank, after talks initiated at the end of 2018. All GHL Bank branches will continue to operate for the time being.
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