GCB bank supports Dagbon Development Fund

BY: Samuel Duodu
Mr Kofi Adomakoh (middle), the MD of the GCB Bank and some of the delegation
Mr Kofi Adomakoh (middle), the MD of the GCB Bank and some of the delegation

The GCB Bank has supported the Dagbon Development Fund (DDF) with GH¢30,000 as part of its contribution to the fund.

The DDF was launched this month by the Overlord of Dagbon, Ya-Na Abukari II, to mobilise resources to rebrand the Dagbon Chieftaincy institution and for the socio-economic development of the area.

The bank made the donation when its Managing Director (MD), Mr Kofi Adomakoh, led a delegation from the bank to pay homage to the Ya-Na at the Gbewaa Palace in Yendi last Saturday.

Cordial relationship

The visit was also to wish the overlord and the people of Dagbon a joyous Damba celebration and to deepen the cordial relationship between the bank, the palace and people of the area.

Members of the delegation included the Deputy MD in-charge of Operations, Mr Emmanuel Odartey Lamptey, two board members , Mr Osman Ayuba and Alhaji Alhassan Yakubu, the Northern sector area manager, Alhaji Mohammed Osman Mipo, and some staff of the bank.

Aside from the GH¢30,000, the bank also made some cash donations for the performance of some rituals at the palace while the Ya-Na also presented a smock, a ram and tubers of yam to the MD during the courtesy call on him at the palace.


Speaking during the courtesy call on the overlord, Mr Adomakoh said the bank had seen the progress, development and peace the overlord had brought to Dagbon and the visit was to lend their support towards the initiative by the Ya-Na to bring total development to the area.

He said the Dagbon area has contributed significantly to the development of the bank which was appreciative of that.

He said the bank would continue to support and develop the youth and commercial activities in the area as part of its efforts to contribute to the development of Dagbon and the nation as a whole.

" As an indigenous bank, we will continue to work for the interest of the people of the area and Ghana as a whole so that we will together grow from strength to strength and in prosperity", he stated.

Expansion drive

Mr Adomah, later in an interaction with the media at the palace, said plans were far advance to extend its services to areas where banking was required as part of the bank's financial inclusion agenda.

He said the bank would leverage technology to reach out to the people of Ghana as part of its financial inclusion agenda.


The Ya-Na thanked the GCB for its support and contributions to the development of Dagbon over the years.

He explained that the DDF was to mobilise resources that would help to rebrand the Dagbon Chieftaincy institution to become a major driver of development, and make the area economically competitive.

Ya-Na Abukari added that the DDF would also partner the government and corporate institutions to invest in leadership training for traditional rulers and elders, rebuild its governance structure, introduce appropriate interventions to promote peace building, cultural rejuvenation in the area.

New palace

Key on the agenda, he said, was also to construct a new palace to befit the status of the Dagbon Kingdom, one of the oldest in the country.