Bank of Africa Ghana Limited, also referred to as BOA Ghana, is a commercial bank in Ghana. It is one of the commercial banks licensed by Bank of Ghana, the central bank of Ghana, and the national banking regulator. the bank has 33 branches in 2015.List of Licensed Commercial Banks In Ghana
BOA Ghana is a large financial services provider in Ghana. , the total asset valuation of the bank was estimated at US$300 million (GHS:735.5 million). The bank is a member of Bank of Africa Group, a multinational, Pan African bank headquartered in Bamako, Mali, with presence in fourteen African countries: Benin, Burkina Faso, Burundi, Democratic Republic of the Congo, Djibouti, Ghana, Kenya, Ivory Coast, Madagascar, Mali, Niger, Senegal, Tanzania and Uganda. The group also maintains an office in Paris, France.
History The bank was incorporated in 1997, as Amalgamated Bank Limited. In 2006, Meeky Enterprises of Nigeria, acquired 49% shareholding in AmalBank. At that time, Meeky was also a major shareholder in Oceanic Bank, a Nigerian financial services provider which was later acquired by Ecobank Nigeria. In April 2011, majority shareholding (60%) in AmalBank was acquired by the Bank of Africa Group. AmalBank rebranded to Bank of Africa (Ghana). AmalBank Acquired By Bank of Africa Group
Ownership The stock of Bank of Africa (Ghana) is owned by the following corporate entities and individuals.
Bank of Africa (Ghana) stock ownershipRank Name of ownerPercentage ownership1Bank of Africa Group60.002Meeky Enterprises of Nigeria3 Others Total100.00
Branch network In 2024, the bank had 25 branches at the following locations:
Amakom Business Office – 323 24 February Road, Amakom, Kumasi Adum Business Office – 10 Mission Road, Adum, Kumasi Maamobi Business Office – 165 Nima Highway, Accra New Town Business Office – B Plaza, Hill Street at New Town-Pigfarm Road, New Town Accra Central Business Office – Ollivant Arcade, Former UTC Building Accra Central Business Centre Office – Ground Floor, The Octagon, Ridge, Accra Michel Camp Road Business Office – Aseidua Plaza, Tulaku, Tema Spintex Business Office – Adjacent Glory Oil Filling station, Batsona-Spintex Road, Tema Tamale Business Office – 8 Daboya Street, Old Market, Tamale Osu Business Office – No. F88/1, Cantonments Road (Oxford Street), Osu Takoradi Business Office – 10 Market Circle, Takoradi Kwashieman Business Office – No. 248, Motorway Ext., Kwashieman (Hong Kong), Accra East Legon Business Office – 38B Lagos Avenue, East Legon, Accra Dansoman Business Office – No.C300 Dansoman Estates, Sahara Dansoman, Accra Madina Business Office – H/N B90, Near Hollywood-Madina Zongo Junction,Madina Abossey Okai Business Office – Mortuary Road, Abossey Okai, Accra Tema Business Office – Ground Floor, Heights of Greener pastures Plaza,Comm 1 Tema, Tema Kejetia Business Office– Former S.A.T Building Kumasi, Kumasi Wa Business Office- Block “B” Dobile Residential Area, IEPER Street Wa Bolgatanga Business Office- Plot No. 394, Central Residential Area Suame Business Office- Plot No. 2 Block T, S.K. Bonsu Storey Building, Tarkwa-Maakro, Kumasi Teshie Nungua Business Office- Parcel No 129, Block 6, Section 73, Nungua, Adjacent Kpeshie Divisional Police Opera Square Business Office- No. D1, Opera Cinema Building Pagan Rd, Accra Octagon Business Office- Ground Floor, The Octagon, Independence Avenue, Accra Airport Business Office- Plot No. 19, Holiday Inn Hotel Airport City, Accra
External links Bank of Africa Ghana Limited homepage
See also
Bank of Africa Group List of banks in Ghana AmalBank Economy of Ghana Bank of Africa Kenya Limited Bank of Africa Rwanda Limited Bank of Africa Tanzania Limited Bank of Africa Uganda Limited
References