Bank of Africa Ghana Limited, also referred to as BOA Ghana, is a commercial bank in

Ghana Ghana, officially the Republic of Ghana, is a country in West Africa. It is situated along the Gulf of Guinea and the Atlantic Ocean to the south, and shares borders with Côte d’Ivoire to the west, Burkina Faso to the north, and Togo to t ...

. It is one of the

commercial bank A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with whol ...

s licensed by

Bank of Ghana The Bank of Ghana ( BoG) is the Central Bank of Ghana. It is located in Accra and was formed in 1957. The Bank of Ghana has Seven Regional Offices in addition to its head office in Accra. The regional offices are located in the following citie ...

, the

central bank A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the mo ...

of Ghana, and the national banking regulator. the bank has 33 branches in 2015. 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 Bank of Africa (BOA) is a Moroccan international financial services group headquartered in Casablanca, Morocco. It was formed through the 2010 acquisition of Bank of Africa (est. 1982 in Mali) by the Banque Marocaine du Commerce Extérieur (BMCE, ...

, a multinational, Pan African bank headquartered in Bamako, Mali, with presence in fourteen African countries, including 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 Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea in the Atlantic Ocean to the south. It covers an area of . With Demographics of Nigeria, ...

, acquired 49% shareholding in AmalBank. At that time, Meeky was also a major shareholder in

Oceanic Bank Oceanic Bank International, commonly referred to as Oceanic Bank, was a bank in Nigeria that provided individual, commercial and corporate banking services. History Oceanic Bank was incorporated on March 26, 1990, as a private limited liability ...

, a Nigerian financial services provider which was later acquired by

Ecobank Nigeria ECOBANK NIGERIA LIMITED, commonly referred to as Ecobank Nigeria, is a commercial bank in Nigeria. It is one of the commercial banks licensed by the Central Bank of Nigeria, the national banking regulator. Overview The bank began operations in ...

. In April 2011, majority shareholding (60%) in AmalBank was acquired by the

. AmalBank rebranded to Bank of Africa (Ghana)

Ownership

The

stock Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporatio ...

of Bank of Africa (Ghana) is owned by the following corporate entities and individuals.

Branch network

In 2024, the bank had 25 branches at the following locations: # Amakom Business Office – 323 24 February Road, Amakom,

Kumasi Kumasi is a city and the capital of the Kumasi Metropolitan Assembly and the Ashanti Region of Ghana. It is the second largest city in the country, with a population of 443,981 as of the 2021 census. Kumasi is located in a rain forest region ...

# Adum Business Office – 10 Mission Road, Adum,

# Maamobi Business Office – 165 Nima Highway,

Accra Accra (; or ''Gaga''; ; Ewe: Gɛ; ) is the capital and largest city of Ghana, located on the southern coast at the Gulf of Guinea, which is part of the Atlantic Ocean. As of 2021 census, the Accra Metropolitan District, , had a population of ...

# New Town Business Office – B Plaza, Hill Street at New Town-Pigfarm Road,

New Town New or NEW may refer to: Music * New, singer of K-pop group The Boyz (South Korean band), The Boyz * New (album), ''New'' (album), by Paul McCartney, 2013 ** New (Paul McCartney song), "New" (Paul McCartney song), 2013 * New (EP), ''New'' (EP), ...

# Accra Central Business Office – Ollivant Arcade, Former UTC Building Accra Central # Business Centre Office – Ground Floor, The Octagon, Ridge,

# Michel Camp Road Business Office – Aseidua Plaza, Tulaku,

Tema Tema is a city on the Bight of Benin and Atlantic coast of Ghana. It is located east of the capital city; Accra, in the region of Greater Accra, and is the capital of the Tema Metropolitan District. As of 2013, Tema is the eleventh most p ...

# Spintex Business Office – Adjacent Glory Oil Filling station, Batsona-Spintex Road,

# Tamale Business Office – 8 Daboya Street, Old Market,

Tamale A tamale, in Spanish language, Spanish , is a traditional Mesoamerican dish made of ''masa'', a dough made from nixtamalization, nixtamalized maize, corn, which is steaming, steamed in a corn husk or Banana leaf, banana leaves. The wrapping ...

# Osu Business Office – No. F88/1, Cantonments Road(Oxford Street), Osu # Takoradi Business Office – 10 Market Circle,

Takoradi Sekondi-Takoradi ( ) is a city in Ghana comprising the twin cities of Sekondi and Takoradi. It is the capital of Sekondi-Takoradi Metropolitan District and the Western Region of Ghana. Sekondi-Takoradi is the region's largest city as well as ...

# Kwashieman Business Office – No. 248, Motorway Ext., Kwashieman(Hong Kong),

# East Legon Business Office – 38B Lagos Avenue, East Legon,

# Dansoman Business Office – No.C300 Dansoman Estates, Sahara

Dansoman Dansoman is a suburban town in the Greater Accra Region of Ghana, It is known as one of the largest estates in West Africa. History Dansoman was founded by the late Nii Kojo Danso I in the late 1960s, and was named after him soon after (with "m ...

# Madina Business Office – H/N B90, Near Hollywood-Madina Zongo Junction,

Madina Medina, officially al-Madinah al-Munawwarah (, ), also known as Taybah () and known in pre-Islamic times as Yathrib (), is the capital of Medina Province (Saudi Arabia), Medina Province in the Hejaz region of western Kingdom of Saudi Arabia, ...

# Abossey Okai Business Office – Mortuary Road, Abossey Okai,

# Tema Business Office – Ground Floor, Heights of Greener pastures Plaza,Comm 1 Tema,

# Kejetia Business Office– Former S.A.T Building 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

# 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,

# Octagon Business Office- Ground Floor,

The Octagon The Octagon may refer to: *The Octagon, Christchurch, a former church in the central city of Christchurch, New Zealand *The Octagon, Dunedin, the city centre of Dunedin, New Zealand *The Octagon (Egypt), the headquarters of the Egyptian Ministry of ...

, Independence Avenue

# Airport Business Office- Plot No. 19, Holiday Inn Hotel Airport City,

External links

Bank of Africa Ghana Limited HomepageBank of Africa Group Acquires 60% Ownership In AmalBank

References

{{reflist, 30em Banks of Ghana Companies based in Accra Banks established in 1997 Bank of Africa Group Ghanaian companies established in 1997

History

Ownership

Branch network

External links

See also

References