Capital Bank (Ghana): Difference between revisions

Add links
From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
No edit summary
Deicey (talk | contribs)
281 edits
Undid revision 741612145 by 41.218.254.207 (talk) Possible vandalism
Line 1: Line 1:
SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152


{{Use dmy dates|date=August 2014}}
{{Use dmy dates|date=August 2014}}
{{Infobox company
{{Infobox company
|name = Capital Bank
|name = Capital Bank
|logo = [[File:Capital Bank logo.png|250px]]
|logo = [[File:Capital Bank logo.png|250px]]
|caption =
|caption = SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152

|type = [[Public company|Public]]
|type = [[Public company|Public]]
|traded_as =
|traded_as =
|slogan =
|slogan =SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152

|foundation = 2009
|foundation = 2009
|location = [[Kumasi Metropolitan Assembly|Kumasi]], [[Ashanti Region|Ashanti]], [[Ashantiland]], [[Ghana]]
|location = [[Kumasi Metropolitan Assembly|Kumasi]], [[Ashanti Region|Ashanti]], [[Ashantiland]], [[Ghana]]
|key_people = '''[[William Ato Essien]]'''<br/>[[Entrepreneur|Founder]] <br/>'''[[Mensa Otabil|Dr. Mensa Otabil]]'''<br/>[[Chairman]] <br/>'''Rev. Fizgerald Odonkor'''<br/>[[CEO]]<ref>{{cite web|url=http://www.firstcapitalplus.net/index.php?id=22|title=Capital Bank Board|work=firstcapitalplus.net|date=|accessdate=}}</ref>
|key_people = '''[[William Ato Essien]]'''<br/>[[Entrepreneur|Founder]] <br/>'''[[Mensa Otabil|Dr. Mensa Otabil]]'''<br/>[[Chairman]] <br/>'''Rev. Fizgerald Odonkor'''<br/>[[CEO]]<ref>{{cite web|url=http://www.firstcapitalplus.net/index.php?id=22|title=Capital Bank Board|work=firstcapitalplus.net|date=|accessdate=}}</ref>
|num_employees = 355
|num_employees = 355SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152

|revenue = {{profit}}
|revenue = {{profit}}
|assets = {{nowrap|US$140 million; 2013<br/> GHS:286.80+ million; 2013}}
|assets = {{nowrap|US$140 million; 2013<br/> GHS:286.80+ million; 2013}}
|industry = [[Private banking]],<br/> [[National development bank]]ing,<br/> [[Asset management]],<br/> [[Investment banking]],<br/> [[Financial Services]]SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152
|industry = [[Private banking]],<br/> [[National development bank]]ing,<br/> [[Asset management]],<br/> [[Investment banking]],<br/> [[Financial Services]]

|products = [[Private banking]],<br/> [[National development bank]]ing,<br/> [[Asset management]],<br/> [[Investment banking]],<br/> [[Investments]],<br/> [[Loans]],<br/> [[Savings]],<br/> [[cheque|Checking]],<br/> Speed banking
|products = [[Private banking]],<br/> [[National development bank]]ing,<br/> [[Asset management]],<br/> [[Investment banking]],<br/> [[Investments]],<br/> [[Loans]],<br/> [[Savings]],<br/> [[cheque|Checking]],<br/> Speed banking
|homepage = {{URL|http://www.firstcapitalplus.net}}
|homepage = {{URL|http://www.firstcapitalplus.net}}
}}
}}
SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152


'''Capital Bank''' (previously First Capital Plus Bank) is an indigenous [[private banking|private]] [[National development bank|national development]] and commercial [[Ghanaian]] bank.<ref name="his"/> It is one of the private national development and commercial banks licensed by [[Bank of Ghana]], the national banking regulator.<ref name="joy">{{cite web | url=http://www.myjoyonline.com/business/2013/December-13th/first-capital-plus-begins-commercial-banking-operations.php | title=First Capital Plus begins commercial banking operations | publisher=myjoyonline.com | accessdate=5 February 2014}}</ref><ref>[http://www.bog.gov.gh/index.php?option=com_content&view=article&id=82:licensed-banks&catid=71&Itemid=124 List of Licensed Commercial Banks In Ghana]</ref> It is one of the few wholly owned Ghanaian banks.
'''Capital Bank''' (previously First Capital Plus Bank) is an indigenous [[private banking|private]] [[National development bank|national development]] and commercial [[Ghanaian]] bank.<ref name="his"/> It is one of the private national development and commercial banks licensed by [[Bank of Ghana]], the national banking regulator.<ref name="joy">{{cite web | url=http://www.myjoyonline.com/business/2013/December-13th/first-capital-plus-begins-commercial-banking-operations.php | title=First Capital Plus begins commercial banking operations | publisher=myjoyonline.com | accessdate=5 February 2014}}</ref><ref>[http://www.bog.gov.gh/index.php?option=com_content&view=article&id=82:licensed-banks&catid=71&Itemid=124 List of Licensed Commercial Banks In Ghana]</ref> It is one of the few wholly owned Ghanaian banks.


==History==
==History==
⚫
Capital Bank was founded by [[William Ato Essien]] on 29 October 2009 as a microfinance company.<ref name="gov">{{cite web | url=http://www.ghanatrade.gov.gh/Financial-Services/first-capital-plus.html | title=First Capital Plus | publisher=ghanatrade.gov.gh/ | accessdate=5 February 2014}}</ref><ref name="micro">{{cite web | url=http://www.citifmonline.com/index.php?id=1.1627395 | title=First Capital Plus Savings and Loans now a bank | publisher=citifmonline.com | accessdate=5 February 2014}}</ref> As the assets of the company grew, it became a [[Savings and Loans Company]] known as First Capital Plus Saving and Loans Company.<ref name="his">{{cite web | url=http://www.firstcapitalplus.net/index.php?id=17 | title=About us | publisher=firstcapitalplus.net | accessdate=5 February 2014}}</ref> In 2010 the microfinance grew its deposit base to 36.06 million [[Ghana cedi|cedis]] and total asset size of 47.18 million cedis.<ref name="joy"/><ref name="uni"/> In 2013 First Capital Plus Bank had deposit base of 211.11 million cedis and total assets of 286.80million cedis.<ref name="uni"/> The Bank of Ghana states that FCP has a market share of 16% of the advances of savings and loans companies and 19% of the sector total assets. The Bank currently employs 355 and has 15 branches covering five regions.The company grew its base deposit and assets from its inception till 2013 when it applied and was awarded a provisional universal banking licence in July, 2012. After the six month provisional period, the bank was given a full license on 4 December 2013 and became officially known as First Capital Plus Bank.<ref name="joy"/><ref name="uni">{{cite web | url=http://news.moneygh.com/pages/bankingandfinance/201307/1159.php | title=First Capital Plus to start universal banking | publisher=news.moneygh.com | accessdate=5 February 2014}}</ref> The firm later re-branded to Capital Bank in 2015.<ref>{{cite web|url=http://www.ghanaweb.com/GhanaHomePage/business/First-Capital-Plus-rebrands-to-Capital-bank-398201 |title=First-Capital Plus rebrands to Capital Bank|work=|date=|accessdate=}}</ref>
Capital Bank SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152
⚫
was founded by [[William Ato Essien]] on 29 October 2009 as a microfinance company.<ref name="gov">{{cite web | url=http://www.ghanatrade.gov.gh/Financial-Services/first-capital-plus.html | title=First Capital Plus | publisher=ghanatrade.gov.gh/ | accessdate=5 February 2014}}</ref><ref name="micro">{{cite web | url=http://www.citifmonline.com/index.php?id=1.1627395 | title=First Capital Plus Savings and Loans now a bank | publisher=citifmonline.com | accessdate=5 February 2014}}</ref> As the assets of the company grew, it became a [[Savings and Loans Company]] known as First Capital Plus Saving and Loans Company.<ref name="his">{{cite web | url=http://www.firstcapitalplus.net/index.php?id=17 | title=About us | publisher=firstcapitalplus.net | accessdate=5 February 2014}}</ref> In 2010 the microfinance grew its deposit base to 36.06 million [[Ghana cedi|cedis]] and total asset size of 47.18 million cedis.<ref name="joy"/><ref name="uni"/> In 2013 First Capital Plus Bank had deposit base of 211.11 million cedis and total assets of 286.80million cedis.<ref name="uni"/> The Bank of Ghana states that FCP has a market share of 16% of the advances of savings and loans companies and 19% of the sector total assets. The Bank currently employs 355 and has 15 branches covering five regions.The company grew its base deposit and assets from its inception till 2013 when it applied and was awarded a provisional universal banking licence in July, 2012. After the six month provisional period, the bank was given a full license on 4 December 2013 and became officially known as First Capital Plus Bank.<ref name="joy"/><ref name="uni">{{cite web | url=http://news.moneygh.com/pages/bankingandfinance/201307/1159.php | title=First Capital Plus to start universal banking | publisher=news.moneygh.com | accessdate=5 February 2014}}</ref> The firm later re-branded to Capital Bank in 2015.<ref>{{cite web|url=http://www.ghanaweb.com/GhanaHomePage/business/First-Capital-Plus-rebrands-to-Capital-bank-398201 |title=First-Capital Plus rebrands to Capital Bank|work=|date=|accessdate=}}</ref>

==Services==SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152


==Services==
The bank offers mainstream banking services which include cash deposits and withdrawals, savings and loans and financial advise consultation.<ref name="ser">{{cite web | url=http://www.firstcapitalplus.net/index.php?id=1 | title=Products and services | publisher=firstcapitalplus.net | accessdate=5 February 2014}}</ref> In 2011 it introduced a cash deposit service known as SpeedBanking. The service allows bank customers to deposit cash into their bank accounts at their convenience through their [[mobile phones]] without physically being present in any bank branch.<ref name="cont">{{cite web | url=http://www.contactpages.info/business/first-capital-plus | title=First Capital Plus | publisher=contactpages.info | accessdate=5 February 2014}}</ref>
The bank offers mainstream banking services which include cash deposits and withdrawals, savings and loans and financial advise consultation.<ref name="ser">{{cite web | url=http://www.firstcapitalplus.net/index.php?id=1 | title=Products and services | publisher=firstcapitalplus.net | accessdate=5 February 2014}}</ref> In 2011 it introduced a cash deposit service known as SpeedBanking. The service allows bank customers to deposit cash into their bank accounts at their convenience through their [[mobile phones]] without physically being present in any bank branch.<ref name="cont">{{cite web | url=http://www.contactpages.info/business/first-capital-plus | title=First Capital Plus | publisher=contactpages.info | accessdate=5 February 2014}}</ref>
SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152


==Board of Directors==
==Board of Directors==
Line 46: Line 35:
==Sponsorhips==
==Sponsorhips==
[[File:FCPB Ghana Premier League logo.jpg|thumb|right|200px|Ghana Premier League Logo]]
[[File:FCPB Ghana Premier League logo.jpg|thumb|right|200px|Ghana Premier League Logo]]
On 4 February 2014, Capital Bank became the headline sponsor of the [[Ghana Premier League]].<ref name="glo">{{cite web | url=http://graphic.com.gh/sports/sports-news/17000-first-capital-plus-rescues-premier-league-with-10million-sponsorship.html | title=First Capital Plus rescues Premier League with $10million sponsorship | publisher=graphic.com.gh | accessdate=5 February 2014}}</ref> This sponsorship agreement between the bank and the [[Ghana Football Association]] is a five-year deal worth ten million [[US dollar|dollars]].b SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152
On 4 February 2014, Capital Bank became the headline sponsor of the [[Ghana Premier League]].<ref name="glo">{{cite web | url=http://graphic.com.gh/sports/sports-news/17000-first-capital-plus-rescues-premier-league-with-10million-sponsorship.html | title=First Capital Plus rescues Premier League with $10million sponsorship | publisher=graphic.com.gh | accessdate=5 February 2014}}</ref> This sponsorship agreement between the bank and the [[Ghana Football Association]] is a five-year deal worth ten million [[US dollar|dollars]].<ref name="tena">{{cite web | url=http://ghanasoccernet.com/ghana-fa-announce-us-10m-league-sponsorship-deal-first-capital-plus/ | title=Sports Minister hails First Capital Plus Bank for sponsoring Premier League | publisher=ghanasoccernet.com | accessdate=5 February 2014}}</ref> The deal was hailed by [[Elvis Afriyie Ankrah]], Minister of Youth and Sports of Ghana and was considered timely as the Ghanaian league had been without a title sponsor for over four months. The bank per the agreement will pay the Ghana Football Association two million dollars per year until 2019.<ref name="gfa">{{cite web | url=http://www.ghanafa.org/pages/premierleague/201402/9210.php | title=First Capital Plus Bank signs up for $10m as league sponsor | publisher=ghanafa.org/ | accessdate=5 February 2014}}</ref> The first payment of five hundred thousand dollars was made on 5 February 2014.<ref name="feve">{{cite web | url=http://www.mtnfootball.com/africa/ghana/news/2013/dec/05-first-capital-plus-makes-first-payment-to-ghana-league.html | title=First Capital Plus makes first payment to Ghana League | work=mtnfootball.com |date =5 December 2013 |accessdate= 5 February 2014}}</ref>
<ref name="tena">{{cite web | url=http://ghanasoccernet.com/ghana-fa-announce-us-10m-league-sponsorship-deal-first-capital-plus/ | title=Sports Minister hails First Capital Plus Bank for sponsoring Premier League | publisher=ghanasoccernet.com | accessdate=5 February 2014}}</ref> The deal was hailed by [[Elvis Afriyie Ankrah]], Minister of Youth and Sports of Ghana and was considered timely as the Ghanaian league had been without a title sponsor for over four months. The bank per the agreement will pay the Ghana Football Association two million dollars per year until 2019.<ref name="gfa">{{cite web | url=http://www.ghanafa.org/pages/premierleague/201402/9210.php | title=First Capital Plus Bank signs up for $10m as league sponsorSECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152
| publisher=ghanafa.org/ | accessdate=5 February 2014}}</ref> The first payment of five hundred thousand dollars was made on 5 February 2014.<ref name="feve">{{cite web | url=http://www.mtnfootball.com/africa/ghana/news/2013/dec/05-first-capital-plus-makes-first-payment-to-ghana-league.html | title=First Capital Plus makes first payment to Ghana League | work=mtnfootball.com |date =5 December 2013 |accessdate= 5 February 2014}}</ref>

==Awards==SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152


==Awards==
*In September, 2013 Capital Bank was the non-bank financial institution of the year 2012 by the [[Chartered Institute of Marketing Ghana]].
*In September, 2013 Capital Bank was the non-bank financial institution of the year 2012 by the [[Chartered Institute of Marketing Ghana]].
*In October, 2013 Capital Bank was the 10th best performing company for the year 2012 and the best in the Non-Bank Financial Institutions sector at the [[Ghana Club 100]] Awards organized by the [[Ghana Investment Promotion Centre|Ghana Investment Promotion Center]].
*In October, 2013 Capital Bank was the 10th best performing company for the year 2012 and the best in the Non-Bank Financial Institutions sector at the [[Ghana Club 100]] Awards organized by the [[Ghana Investment Promotion Centre|Ghana Investment Promotion Center]].
Line 60: Line 46:


{{Economy of Ghana}}
{{Economy of Ghana}}
SECURE AN EASY LOAN FROM NORTON FINANCE DO CONTACT US BACK VIA +233548753152


[[Category:Banks of Ghana]]
[[Category:Banks of Ghana]]

Revision as of 16:07, 28 September 2016

Capital Bank
Company typePublic
IndustryPrivate banking,
National development banking,
Asset management,
Investment banking,
Financial Services
Founded2009
HeadquartersKumasi, Ashanti, Ashantiland, Ghana
Key people
William Ato Essien
Founder
Dr. Mensa Otabil
Chairman
Rev. Fizgerald Odonkor
CEO[1]
ProductsPrivate banking,
National development banking,
Asset management,
Investment banking,
Investments,
Loans,
Savings,
Checking,
Speed banking
RevenueIncrease
Total assetsUS$140 million; 2013
GHS:286.80+ million; 2013
Number of employees
355
Websitewww.firstcapitalplus.net

Capital Bank (previously First Capital Plus Bank) is an indigenous private national development and commercial Ghanaian bank.[2] It is one of the private national development and commercial banks licensed by Bank of Ghana, the national banking regulator.[3][4] It is one of the few wholly owned Ghanaian banks.

History

Capital Bank was founded by William Ato Essien on 29 October 2009 as a microfinance company.[5][6] As the assets of the company grew, it became a Savings and Loans Company known as First Capital Plus Saving and Loans Company.[2] In 2010 the microfinance grew its deposit base to 36.06 million cedis and total asset size of 47.18 million cedis.[3][7] In 2013 First Capital Plus Bank had deposit base of 211.11 million cedis and total assets of 286.80million cedis.[7] The Bank of Ghana states that FCP has a market share of 16% of the advances of savings and loans companies and 19% of the sector total assets. The Bank currently employs 355 and has 15 branches covering five regions.The company grew its base deposit and assets from its inception till 2013 when it applied and was awarded a provisional universal banking licence in July, 2012. After the six month provisional period, the bank was given a full license on 4 December 2013 and became officially known as First Capital Plus Bank.[3][7] The firm later re-branded to Capital Bank in 2015.[8]

Services

The bank offers mainstream banking services which include cash deposits and withdrawals, savings and loans and financial advise consultation.[9] In 2011 it introduced a cash deposit service known as SpeedBanking. The service allows bank customers to deposit cash into their bank accounts at their convenience through their mobile phones without physically being present in any bank branch.[10]

Board of Directors

Branches

Capital Bank its headquarters at the Capital Plaza on the Spintex Road. adjacent Papaye.[3] The bank as at December 2015 has eighteen operational branches in regions across Ghana[2][3]

Sponsorhips

Ghana Premier League Logo

On 4 February 2014, Capital Bank became the headline sponsor of the Ghana Premier League.[12] This sponsorship agreement between the bank and the Ghana Football Association is a five-year deal worth ten million dollars.[13] The deal was hailed by Elvis Afriyie Ankrah, Minister of Youth and Sports of Ghana and was considered timely as the Ghanaian league had been without a title sponsor for over four months. The bank per the agreement will pay the Ghana Football Association two million dollars per year until 2019.[14] The first payment of five hundred thousand dollars was made on 5 February 2014.[15]

Awards

  • In September, 2013 Capital Bank was the non-bank financial institution of the year 2012 by the Chartered Institute of Marketing Ghana.
  • In October, 2013 Capital Bank was the 10th best performing company for the year 2012 and the best in the Non-Bank Financial Institutions sector at the Ghana Club 100 Awards organized by the Ghana Investment Promotion Center.
  • In August, 2016 Best Growing Bank, Best Bank in Household/Retail Banking and Best Bank in Savings and Deposits went to Capital Bank Ghana LTD.

References

  1. ^ "Capital Bank Board". firstcapitalplus.net.
  2. ^ a b c "About us". firstcapitalplus.net. Retrieved 5 February 2014.
  3. ^ a b c d e "First Capital Plus begins commercial banking operations". myjoyonline.com. Retrieved 5 February 2014.
  4. ^ List of Licensed Commercial Banks In Ghana
  5. ^ "First Capital Plus". ghanatrade.gov.gh/. Retrieved 5 February 2014.
  6. ^ "First Capital Plus Savings and Loans now a bank". citifmonline.com. Retrieved 5 February 2014.
  7. ^ a b c "First Capital Plus to start universal banking". news.moneygh.com. Retrieved 5 February 2014.
  8. ^ "First-Capital Plus rebrands to Capital Bank".
  9. ^ "Products and services". firstcapitalplus.net. Retrieved 5 February 2014.
  10. ^ "First Capital Plus". contactpages.info. Retrieved 5 February 2014.
  11. ^ "Capital Bank: Fizgerald Odonkor". firstcapitalplus.net. {{cite web}}: Cite has empty unknown parameter: |accessadate= (help)
  12. ^ "First Capital Plus rescues Premier League with $10million sponsorship". graphic.com.gh. Retrieved 5 February 2014.
  13. ^ "Sports Minister hails First Capital Plus Bank for sponsoring Premier League". ghanasoccernet.com. Retrieved 5 February 2014.
  14. ^ "First Capital Plus Bank signs up for $10m as league sponsor". ghanafa.org/. Retrieved 5 February 2014.
  15. ^ "First Capital Plus makes first payment to Ghana League". mtnfootball.com. 5 December 2013. Retrieved 5 February 2014.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Capital_Bank_(Ghana)&oldid=741612220"