GCB Bank has been named Regional Bank of the Year – West Africa at the 20th African Banker Awards held in Brazzaville, Republic of Congo.
The award, presented on the sidelines of the African Development Bank (AfDB) Annual Meetings, recognises the Bank’s market leadership, resilience, innovation and contribution to economic growth and financial inclusion in Ghana and across the sub-region.
The ceremony brought together policymakers, central bank governors, development finance institutions and senior banking executives from across the continent to celebrate excellence and innovation in Africa’s financial services industry.
Held under the theme, “Mobilising Africa’s Development Financing at Scale in a Fragmented World,” this year’s awards highlighted the growing role of African financial institutions in driving sustainable economic development, infrastructure financing and regional financial integration.
GCB Bank was among a select group of institutions recognised for their impact on the continent’s banking landscape, with the award reflecting its role in supporting businesses, financing key sectors of the economy and promoting inclusive growth.
The Bank has also played an active role in advancing Africa’s cross-border payments ecosystem through its partnership with the Pan-African Payment and Settlement System (PAPSS). In a notable milestone, GCB became the first commercial bank in Ghana to successfully process a live PAPSS transaction, helping to facilitate faster and more cost-effective payments across African markets.
Speaking on the recognition, Managing Director of GCB Bank, Farihan Alhassan, said the award affirms the Bank’s commitment to excellence and innovation.
“This recognition is a testament to the dedication of our employees, the trust and loyalty of our customers, and the confidence of our shareholders and partners. We remain committed to delivering innovative and customer-focused solutions that support national development while empowering businesses and individuals to achieve their aspirations,” he said.
Established in 2007, the African Banker Awards, organised by African Banker magazine in partnership with IC Events and under the patronage of the African Development Bank, have become one of the continent’s most respected platforms for recognising excellence, leadership and innovation in banking.
The latest recognition further strengthens GCB Bank’s standing in the region and highlights its continued contribution to financial sector growth, trade facilitation and economic development across Africa.
GCB Bank is Ghana’s premier indigenous bank and the country’s largest commercial bank. With 183 branches and over 340 ATMs nationwide, the Bank has served as a cornerstone of Ghana’s financial system since 1953, providing innovative financial solutions that support economic growth, financial inclusion and enterprise development across the country.