In a dramatic twist that has shaken Ghana’s banking sector, Papa Kwesi Nduom has come out swinging to deny reports that the Bank of Ghana (BoG) has ruled out restoring GN Bank’s license. The financier and politician insists that speculation about a permanent shutdown is “misleading and false”, sending waves of relief through GN Bank’s customers and stakeholders.
According to Nduom, discussions are ongoing with the central bank, and the possibility of license restoration remains very much alive. “We are committed to exploring every avenue to bring GN Bank back to operations,” he reportedly said, signaling a fight to revive the institution that was once a pillar of Ghanaian banking.
The rebuttal has reignited debate about regulatory oversight, financial stability, and the future of GN Bank, with social media buzzing as customers, investors, and analysts weigh in. For now, the saga continues, with Nduom determined to keep hopes alive for the bank’s revival.
