This serves as a good training and preparatory grounds for students in their future careers. The attachment helps student to develop good attitude to work. Learn more skills and get exposed more to team work.
EXECUTIVE SUMMARY
Ghana Commercial Bank Ltd. started in 1953 as the Bank of the Gold Coast to provide banking services to the emerging nation for socio-economic development.
The Bank was to provide special attention to Ghanaian traders, business people and farmers who could not elicit support from the expatriate banks.
In 1957, when Ghana attained independence, Bank of Ghana was established as the Central Bank while the Bank of the Gold Coast was renamed Ghana Commercial Bank to focus solely on commercial banking services.
Since then GCB branches have been opened across the length and breadth of the nation tapping the potential of the 10 regions that make Ghana.
The Bank had been wholly government owned until 1996 when under the economic recovery programme when part of the government ownership was divested. Today government ownership stands at 21.36% while institutional and individual holdings add up to 78.64%.
From the one branch of the 1950s, GCB now has over 150 branches and 11 agencies throughout the country.
GCB abounds in high quality human resource, which stands at 2,101 as at the end of 2009. This is remarkable when one considers that the Bank started with a staff of 27. Currently there are professionals of various disciplines who work in tandem to achieve the objectives of the Bank.
The growth of the Bank has been synonymous with its customer base. During the first five years of the