Consolidated Bank Ghana (CBG) has resumed its foreign exchange trading operations following the restoration of its licence by the Bank of Ghana (BoG).
The Central Bank in November 2024 temporarily suspended CBG’s licence due to multiple violations of market regulations.
In a statement, CBG announced it had worked closely with the regulator to address all compliance issues with the licence restored on December 4, 2024.
“CBG is pleased to announce that the Bank of Ghana has restored our foreign currency trading license. We have fully resumed all foreign currency services at our branches effective that date,” the statement read.
Customers can now access CBG’s comprehensive foreign exchange services, including buying and selling foreign currencies, at all branches nationwide.
The bank apologized for any inconvenience caused by the suspension and expressed gratitude to its customers for their patience and continued trust.
“At CBG, we value our stakeholders and remain committed to providing a simple, secure, and differentiated banking experience while ensuring full regulatory compliance,” the statement concluded.
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