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#BringBackGNBank to hit the streets of Accra in October

September 30, 2024
in News
#BringBackGNBank to hit the streets of Accra in October
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The campaign to bring back GN Bank known as #BringBackGNBank will move to its phase 3 stage next month with Dr. Papa Kwesi Nduom as the lead campaigner.

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According to sources within Groupe Nduom plans are also being designed for engagement with international leaders and institutions in November.
The campaign so far Today uhderstands has been purposeful, peaceful and very effective in educating the public: bout the circumstances that led to the revocation of the GN Savings license. states eused what eime no call as the Peoples Bank”.

Traditional leaders, religious men and women, traders, workers of types, politicians, teachers, health workers, market women and others have heard the messages and want the bank’s licence reinstated.

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Economists have concluded that the haste with which such a bank with nationwide operations was abruptly collapsed has contributed to micro level economic challenges throughout the country.

Today investigations show that In the Ghanaian hinterland, no licensed national financial institution has stepped up to support the local economies the way GN Bank did.

Many small businesses have collapsed and others have downsized their operations.

GN Bank started a public advocacy campaign dubbed #BringBackGNBank earlier this year.
The Chairman of Groupe Nduom (GN) has said that the campaign is to set the records

straight and explain to the general public the history of GN Bank; the impact it was making in expanding access to banking nationwide; the challenges it faced; and the need to restore the licence.

According to him, repeated attempts to engage the current Administration (particularly the former Minister of Finance Ken Ofori- Atta) and the Bank of Ghana (BoG) among others such as the House of Chiefs and religious bodies has not yielded positive results.

Hence the need to go public with the facts.

The campaign took an important step when on Saturday July 6, 2024 it started sending letters to schedule appointments with presidential candidates and political parties.

The purpose of the meetings was for GN to present petitions asking the candidates and political parties to support its campaign for the restoration of the GN Savings licence; and ultimately an upgrade back to universal banking status.

Tags: #BringBackGNBankGN Bank
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