GCB Bank PLC has proposed a final dividend payment of GH¢1.00 per share for the 2025 financial year, a move that will see shareholders receive a substantial payout when they gather for the bank's 32nd Annual General Meeting on Friday, April 17, 2026.
The dividend recommendation, made by the bank's directors and already approved by the Bank of Ghana, will be put to shareholders for final approval at the AGM scheduled to take place at the University of Professional Studies, Accra (UPSA) Auditorium. The meeting will be held in a hybrid format, allowing shareholders to attend either in person or virtually via live streaming on the bank's official AGM platform, social media handles, and GTV.
According to the amended notice issued by the bank on April 13, 2026, by the Company Secretary Amma Agyeman Kusi-Appouh, shareholders will be asked to waive the standard 21-day notice period required for dividend declaration resolutions before approving the payout.
Dividend details
The proposed GH¢1.00 per share dividend represents a significant return to shareholders and reflects the bank's strong financial performance during the 2025 financial year. The bank closed the 2025 financial year with a profit after tax of GH¢2.06 billion, reflecting a year of robust growth in interest income, improved asset quality, and strong trading performance.
Voting on the dividend resolution and all other business will be conducted strictly online, with shareholders required to access the virtual AGM platform to cast their votes. Confidential unique token numbers will be sent to shareholders by SMS from April 8, 2026, to grant access to the meeting platform at https://www.gcbbankagm.com.
Other key business
Beyond the dividend declaration, shareholders will also receive and consider the bank's annual reports and financial statements for the year ended December 31, 2025, together with the reports of the directors and auditors.
Three directors retiring by rotation—Prof. Joshua A. Alabi, Dr. Alhaji Yahaya Abdul-Rahman, and Ms. Pamela Seyram Addo—will stand for re-election. Prof. Alabi serves as the Board Chairman and Independent Non-Executive Director, while Dr. Abdul-Rahman and Ms. Addo are Non-Executive Directors.
Shareholders will also be asked to ratify the appointment of Mr. Abdulsalam Alhassan as an Executive Director in charge of Wholesale & Investment Banking.
Directors' Remuneration
The bank has disclosed that fees paid to Non-Executive Directors during the 2025 financial year exceeded the budget of GH¢3.85 million by 17.5 per cent due to emergency and additional board, committee, and ad hoc committee meetings held during the year. Shareholders will be asked to ratify the excess payment.
For the 2026 financial year, the board is seeking shareholder approval for a budget of GH¢12 million as Directors' Remuneration for Non-Executive Directors.
Auditors and Proxy Arrangements
Shareholders will authorise the Board of Directors to determine the remuneration of external auditors PwC for the financial year ending 31st December 2026.
Shareholders unable to attend in person may appoint a proxy, who need not be a shareholder of the bank. Proxy forms must be lodged with the registrars at GCB Bank PLC, High Street, Accra, no later than 11:00 am on 15th April 2026, or 48 hours before the meeting.
The bank has reminded shareholders that all those attending the meeting in person will be required to present their Ghana Cards for identification and registration purposes.
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