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GCB Bank Commits to Enhancing Agribusiness and Industrial Growth at Kwahu Business Forum

Managing Director of GCB Bank PLC, Farihan Alhassan pledged support for Ghana’s agricultural and industrial sectors at the 2025 Kwahu Business Forum in Mpraeso on Saturday, 19th April 2025. This move positions the Bank as a catalyst for reducing import dependency and strengthening export capacity.

 He outlined a three-part strategy focusing on agribusiness value chains, long-term project financing, and global market access. 

This strategy aims to reduce import dependency and strengthen export capacity, which attendees viewed as critical for economic transformation. 

Farihan announced a new focus to fund primary agriculture, a sector traditionally avoided by banks due to perceived risks.

“This shift is vital for sustainable recovery,” he said. He also addressed the lack of long-term capital for industrial projects, revealing ongoing discussions with DBG (Development Bank Ghana) to provide extended credit facilities.

Additionally, the Managing Director highlighted partnerships to align local products with international standards, emphasizing the importance of meeting quality benchmarks for accessing foreign markets.

Participants at the forum welcomed the focus on agriculture, noting that understanding value chains could be transformative. 

GCB Bank’s strong market presence positions it to lead this shift, potentially bridging the gap between Ghana’s raw potential and industrial ambitions.

Joining the Managing Director at the event were Chief of Staff, Abraham Yahaya Ferguson; Head - Special Projects & Investor Relations, George Fuachie, and other key representatives of GCB Bank PLC.

GCB Bank PLC is a leading player in Ghana’s banking industry, with 184 branches, 340 ATMs and a host of banking agents spread across the length and breadth of the country. 

As Ghana’s premier indigenous bank, GCB Bank has, since its establishment in 1953, been described as a systemic bank with significant contribution to Ghana’s growth in multiple sectors including oil and gas, agriculture, commerce and others. 

The Bank has transformed itself into one of Ghana’s most modern banks in terms of its financial intermediation capabilities including digital payment platforms and consequently strengthened its corporate reputation both at home and abroad. 

The Bank’s relationship with its stakeholders is delivered on a platform of trust, support and collaboration and anchored through its brand promise, “Your Bank for Life”.
 
Managing Director of GCB Bank PLC, Farihan Alhassan


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