OmniBSIC Bank
OmniBSIC Bank Ghana Limited is a commercial bank in Ghana that is licensed by the Bank of Ghana, the central bank and national banking regulator.
It was created by the merger of the erstwhile Omni Bank Ghana Limited and BSIC Ghana Bank Limited.
Location
The headquarters of the bank and its main branch, are located atAtlantic Tower, Airport City, in Accra, Ghana's capital. As of April 2020, the geographical coordinates of OmniBSIC Bank's headquarters are:05°36'31.0"N, 0°12'31.0"W.
Overview
OmniBSIC Bank Ghana Limited is a retail bank that serves large corporations, small and medium enterprises, individuals and non-governmental organisations in Ghana. As of December 2023, the bank's total assets were GHS:5.682 billion, with shareholders' equity of GHS:491.6 million. As of 2019, the bank served over 125,000 customers at 46 brick-and mortar branches and employed 614 permanent staff members. The Jospong Group is an investor in OmniBSIC Bank.History
In September 2017, the Bank of Ghana directed all universal banks in Ghana to raise their minimum capital reserves from GHS:120 million to GHS:400 million. Institutions that couldn't raise the funds internally or from shareholders, could merge exit the Ghanaian banking business downsize to a savings and loan institution or consolidate.OmniBank Ghana and Sahel Sahara Bank decided to merge to form OmniBSIC Bank Ghana Limited, effective 4 March 2020.