The Governor of the Bank of Ghana (BoG), Dr Ernest Addison has assured clients of the five merged banks of the safety of their deposits
Dr Addison at a press briefing to announce the developments today also explained that no immediate job losses are expected as a result of the merger.
He said: "To conclude, let me assure
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"All staff of the affected banks will become staff of the Consolidated Bank, we do not expect any immediate job losses as a result of this consolidation, thank you".
In March this year, after the BoG had handed over the management of the bank to KPMG, scores of customers of uniBank became angry, frustrated and worried when their attempts to withdraw money from the bank’s automated teller machines (ATMs) failed.