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GCB in Serious Crisis.
(From Ghanaian Chronicle - AAGM)
Byline: Ivy Benson
Indications are that, if serious measures are not taken immediately by management of Ghana Commercial Bank (GCB) Limited to resolve a major crisis confronting it, activities of the bank may soon grind to a halt.
The Bank is currently battling with an issue of having to pay a debt of over cents100billion, being entitlements due to about 765 pensioners of the bank, who had judgment in their favour at the Court of Appeal about two years ago.
The headquarters of the nation's premiere bank on the High Street was yesterday, stormed by irate members of the pensioners association of the bank, …
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