GCB Bank Limited has launched the “GCB SME Loan Suite,” offering short to medium-term credit facilities of up to GH¢100,000.00 to Small and Medium Enterprises (SMEs) with or without collateral. The suite includes Bridge Loan, Term Loan, Overdraft, Contingent Liability, and Line of Credit, providing tailored support for businesses.
Mr. Samuel Sarpong, Acting Managing Director of GCB Bank, highlighted the significance of SMEs in national development and emphasized GCB’s commitment to supporting these vital contributors to the economy. The bank aims to empower SMEs to grow and thrive.
SMEs play a critical role in Ghana’s economy, constituting 80 percent of all businesses and contributing to job creation and innovation. GCB Bank’s loans suite is designed to positively impact these businesses and offer exciting products to delight its SME customers.
GCB Bank has already supported 100 SMEs through a pilot project and encourages others to take advantage of its wide range of products and services. The bank urges SMEs with dormant accounts to reactivate them and seize the opportunity to do business with GCB Bank.
Source : gcbbank.com.gh