Knowledge (XXG)

Capital Bank (Ghana)

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sector total assets. The Bank employed 355 and had 15 branches covering five regions. The company grew its base deposit and assets from its inception till 2013 when it applied and was awarded a provisional universal banking license in July, 2012. After the six month provisional period, the bank was given a full license on 4 December 2013 and became officially known as First Capital Plus Bank. The firm later re-branded to Capital Bank in 2015.
401: 1249: 877: 179: 357:, Minister of Youth and Sports of Ghana and was considered timely as the Ghanaian league had been without a title sponsor for over four months. The bank per the agreement will pay the Ghana Football Association two million dollars per year until 2019. The first payment of five hundred thousand dollars was made on 5 February 2014. 275:
and total asset size of 47.18 million cedis. In 2013 First Capital Plus Bank had a deposit base of 211.11 million cedis and total assets of 286.80million cedis. At that time, the Bank of Ghana stated that FCP has a market share of 16% of the advances of savings and loans companies and 19% of the
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The bank offered mainstream banking services which include cash deposits and withdrawals, savings and loans and financial advice consultation. In 2011 it introduced a cash deposit service known as SpeedBanking. The service allowed bank customers to deposit cash into their bank accounts at their
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also had its license revoked). The statement further mentioned that change of control of Capital Bank had been approved for another bank, the Ghana Commercial Bank.
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The Central Bank of Ghana issued a press release on August 14, 2017, announcing the revocation of the license of Capital Bank due to insolvency (another bank,
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was chief executive officer, William Ato Essien (Founder), Mr. Kofi Kwakwa (Director), Mrs. Frances Adu-Mante (Director), Alhaji Amadu Montia (Director)
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In October, 2013 Capital Bank was the 10th best performing company for the year 2012 and the best in the Non-Bank Financial Institutions sector at the
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In August, 2016 Best Growing Bank, Best Bank in Household/Retail Banking and Best Bank in Savings and Deposits went to Capital Bank Ghana LTD.
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known as First Capital Plus Saving and Loans Company. In 2010 the microfinance grew its deposit base to 36.06 million
325:, adjacent Papaye Fast food. As at December 2015 the Bank had eighteen operational branches in regions across Ghana 1204: 1144: 346: 1154: 1056: 973: 923: 851: 268: 236: 1252: 1176: 1078: 988: 1288: 1028: 998: 943: 918: 309: 1171: 1159: 1023: 933: 548: 1265: 1196: 1181: 1083: 978: 958: 264: 1149: 1003: 354: 342: 248: 948: 983: 968: 963: 601: 333: 1116: 1104: 149: 66: 61: 796: 267:
on 29 October 2009 as a microfinance company. As the assets of the company grew, it became a
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bank. It was one of the private national development and commercial banks licensed by
1282: 1051: 953: 891: 570: 293: 244: 1232: 1013: 910: 406: 322: 305: 116: 111: 671: 1033: 154: 25: 396: 272: 771:"Sports Minister hails First Capital Plus Bank for sponsoring Premier League" 1070: 350: 240: 121: 745:"First Capital Plus rescues Premier League with $ 10million sponsorship" 938: 280: 164: 1008: 341:
On 4 February 2014, Capital Bank became the headline sponsor of the
876: 523:"State charges Ato Essien, 3 others over collapse of Capital Bank" 332: 216: 187: 159: 95: 1219: 847: 793:"First Capital Plus Bank signs up for $ 10m as league sponsor" 321:
Capital Bank had its headquarters at the Capital Plaza on the
129: 483:"First Capital Plus begins commercial banking operations" 819:"First Capital Plus makes first payment to Ghana League" 232:(previously First Capital Plus Bank) was an indigenous 345:. This sponsorship agreement between the Bank and the 296:
without physically being present in any bank branch.
1218: 1195: 1137: 1092: 1069: 1042: 905: 898: 211: 201: 185: 173: 135: 101: 90: 72: 42: 32: 571:"First Capital Plus Savings and Loans now a bank" 598:"First Capital Plus to start universal banking" 859: 624:"First-Capital Plus rebrands to Capital Bank" 8: 696:. Contacts Pages information. Archived from 18: 902: 866: 852: 844: 670:. www.capitalbankghana.com. Archived from 642:"GCB Bank takes over UT and Capital Banks" 504:List of Licensed Commercial Banks In Ghana 17: 366:In September, 2013 Capital Bank was the 413: 349:was a five-year deal worth ten million 94:Spintex road Adjacent Papaye fast food, 1299:Ghanaian companies established in 2009 929:Agricultural Development Bank of Ghana 372:Chartered Institute of Marketing Ghana 592: 590: 588: 477: 475: 473: 471: 469: 443: 441: 439: 7: 547:. ghanatrade.gov.gh/. Archived from 422:"Capital Bank Executive Management" 600:. news.moneygh.com. Archived from 525:. The Ghana Report. 9 October 2019 251:. The bank was then taken over by 14: 825:. 5 December 2013. Archived from 720:"Capital Bank: Board of Director" 383:Ghana Investment Promotion Center 1261: 1260: 1248: 1247: 875: 399: 178: 177: 24: 1210:Trades Union Congress of Ghana 1009:Société Générale Ghana Limited 747:. GraphicGhana. Archived from 368:non-bank financial institution 1: 1019:Standard Chartered Bank Ghana 934:Bank of Africa Ghana Limited 263:Capital Bank was founded by 1122:Water supply and sanitation 1004:Republic Bank Ghana Limited 994:OmniBSIC Bank Ghana Limited 78:; 15 years ago 1315: 1205:Ghana Federation of Labour 1014:Stanbic Bank Ghana Limited 347:Ghana Football Association 292:convenience through their 19:Capital Bank Ghana Limited 1294:Banks established in 2009 1241: 1057:Savings and Loans Company 984:Guaranty Trust Bank Ghana 974:First National Bank Ghana 924:Access Bank Ghana Limited 888: 795:. Ghanafa. Archived from 353:. The deal was hailed by 337:Ghana Premier League Logo 269:Savings and Loans Company 196:GHS:286.80+ million; 2013 23: 989:National Investment Bank 509:14 November 2012 at the 381:Awards organized by the 370:of the year 2012 by the 1029:Universal Merchant Bank 999:Prudential Bank Limited 944:Consolidated Bank Ghana 919:Absa Bank Ghana Limited 668:"Products and services" 310:Rev. Fitzgerald Odonkor 169:Speed banking, Speedpay 959:FBN Bank Ghana Limited 338: 249:Ghana's banking crisis 126:Rev. Fizgerald Odonkor 1084:SIC Insurance Company 336: 194:US$ 140 million; 2013 694:"First Capital Plus" 545:"First Capital Plus" 426:capitalbankghana.com 355:Elvis Afriyie Ankrah 343:Ghana Premier League 237:national development 1127:Water privatization 969:First Atlantic Bank 964:Fidelity Bank Ghana 700:on 21 February 2014 646:Ghana Business News 604:on 22 February 2014 551:on 21 February 2014 432:on 23 January 2017. 203:Number of employees 20: 829:on 6 February 2014 799:on 9 February 2014 773:. Ghana soccer net 724:Capital Bank Ghana 630:on 6 January 2016. 453:Capital Bank Ghana 339: 300:Board of directors 265:William Ato Essien 150:Investment banking 108:William Ato Essien 67:Financial services 62:Investment banking 1276: 1275: 1065: 1064: 1034:Zenith Bank Ghana 1024:UBA Ghana Limited 674:on 22 August 2017 227: 226: 219:.capitalbankghana 1306: 1264: 1263: 1251: 1250: 1228:Takoradi Harbour 1079:Enterprise Group 1044:Savings and loan 979:GCB Bank Limited 903: 882:Economy of Ghana 880: 879: 868: 861: 854: 845: 839: 838: 836: 834: 815: 809: 808: 806: 804: 789: 783: 782: 780: 778: 767: 761: 760: 758: 756: 751:on 14 March 2016 741: 735: 734: 732: 730: 716: 710: 709: 707: 705: 690: 684: 683: 681: 679: 664: 658: 657: 655: 653: 648:. 14 August 2017 638: 632: 631: 626:. Archived from 620: 614: 613: 611: 609: 594: 583: 582: 580: 578: 573:. Citi FM Online 567: 561: 560: 558: 556: 541: 535: 534: 532: 530: 519: 513: 501: 495: 494: 492: 490: 479: 464: 463: 461: 459: 445: 434: 433: 428:. 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MyJoyOnline 484: 478: 476: 474: 472: 470: 466: 454: 450: 444: 442: 440: 436: 431: 427: 423: 417: 414: 408: 397: 392: 387: 384: 380: 376: 373: 369: 365: 364: 360: 358: 356: 352: 348: 344: 335: 328: 326: 324: 316: 311: 307: 304: 303: 299: 297: 295: 294:mobile phones 286: 284: 282: 277: 274: 270: 266: 258: 256: 254: 250: 246: 245:Bank of Ghana 242: 238: 235: 231: 222: 214: 210: 206: 200: 192: 189: 184: 176: 172: 166: 161: 156: 151: 146: 141: 138: 134: 131: 127: 123: 119: 118: 113: 109: 106: 100: 97: 93: 89: 75: 71: 68: 63: 58: 53: 48: 45: 41: 38: 35: 31: 27: 22: 16: 1259: 1246: 1233:Tema Harbour 1197:Trade unions 831:. Retrieved 827:the original 822: 813: 801:. Retrieved 797:the original 787: 775:. Retrieved 765: 753:. Retrieved 749:the original 739: 727:. Retrieved 723: 714: 702:. Retrieved 698:the original 688: 676:. Retrieved 672:the original 662: 650:. Retrieved 645: 636: 628:the original 618: 606:. Retrieved 602:the original 575:. Retrieved 565: 553:. 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Retrieved 452: 430:the original 425: 416: 407:Banks portal 340: 323:Spintex Road 320: 306:Mensa Otabil 290: 278: 262: 230:Capital Bank 229: 228: 188:Total assets 125: 117:Mensa Otabil 115: 107: 91:Headquarters 33:Company type 15: 1150:Agriculture 1112:Electricity 823:MtnFootball 329:Sponsorship 155:Investments 1283:Categories 1167:Healthcare 1138:Industries 890:Currency: 833:5 February 803:5 February 777:5 February 755:5 February 729:31 January 704:5 February 678:5 February 608:5 February 577:5 February 555:5 February 529:14 January 489:5 February 458:31 January 449:"About us" 393:References 103:Key people 1182:Petroleum 1145:Companies 1105:New media 1071:Insurance 652:17 August 507:Archived 317:Branches 287:Services 253:GCB Bank 241:Ghanaian 136:Products 122:Chairman 43:Industry 1187:Tourism 939:CalBank 911:savings 899:Banking 351:dollars 281:UT Bank 259:History 234:private 212:Website 174:Revenue 165:Savings 112:Founder 81: ( 73:Founded 1268:topics 1258:  1245:  1177:Mining 907:Retail 361:Awards 37:Public 1266:Ghana 1220:Ports 1155:Cocoa 273:cedis 160:Loans 96:Accra 1160:Salt 835:2014 805:2014 779:2014 757:2014 731:2017 706:2014 680:2014 654:2017 610:2014 579:2014 557:2014 531:2020 491:2014 460:2017 221:.com 83:2009 76:2009 217:www 207:355 130:CEO 1285:: 909:/ 821:. 722:. 644:. 587:^ 468:^ 451:. 438:^ 424:. 867:e 860:t 853:v 837:. 807:. 781:. 759:. 733:. 708:. 682:. 656:. 612:. 581:. 559:. 533:. 493:. 462:. 385:. 374:. 167:, 162:, 157:, 152:, 147:, 142:, 85:) 64:, 59:, 54:, 49:,

Index


Public
Private banking
Retail banking
Asset management
Investment banking
Financial services
Accra
Founder
Mensa Otabil
Chairman
CEO
Private banking
Asset management
Investment banking
Investments
Loans
Savings
Total assets
www.capitalbankghana.com
private
national development
Ghanaian
Bank of Ghana
Ghana's banking crisis
GCB Bank
William Ato Essien
Savings and Loans Company
cedis
UT Bank

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