Ghana’s richest investor Daniel Ofori has now lost nearly $10 million from stake in GCB Bank
Ofori, the wealthiest shareholder on the Ghana Stock Exchange, owns 7.49 percent of GCB Bank.
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Ofori, the wealthiest shareholder on the Ghana Stock Exchange, owns 7.49 percent of GCB Bank.
Ofori owns 6.8 percent of the Accra-based bank.
Societe Generale Ghana is Ghana’s fourth-largest commercial bank.
Shares in Societe Generale Ghana have surged to their highest level in three years.
The gain came on the back of a nearly 50-percent rise in the shares of the Ghana-based lender.
Ghana Commercial Bank is one of the largest banks in Ghana in terms of total operating assets.
The decline can be attributed to the profit-taking activities of retail investors who exited the bank.
CalBank is a leading commercial bank in Ghana.