More loans for GCB customers

Customers of GCB Bank Limited are to benefit from the disbursement of more loans to finance their projects and personal needs under the Bank’s 24 Hour Personal Loan Scheme.

Apart from new personal loans to customers, GCB customers who are salaried workers and have repaid 50 per cent or more of their current loans under the GCB 24 Hour Personal Loan are eligible for a top-up facility to meet their financial needs.

The Bank has also waived charges on early settlement of existing personal loans.

Disbursement of loans under the new arrangement will be within 24 hours of the submission of completed application forms.

GCB Bank has been recording increases in its loan portfolio from GHC450 million in 2011, to GHC2 billion.

The growth, which represents approximately 300 per cent was as a result of the bank’s capacity to broaden its lending market and the need of customers for express loans GCB’s 24 Hour Personal Loan targeted at salaried workers satisfies this need of such customers.

The Bank anticipates higher growth in the future due to its enhanced technology, introduction of new products and services, expansion of its branch network and improvement in customer service.