GCB Bank PLC has reaffirmed its commitment to deepening Ghana–China economic relations by providing structured financial solutions to support exporters, importers and investors operating along the bilateral trade corridor.
The Bank made the pledge during celebrations marking the Chinese New Year Festival at the Forecourt of the State House in Accra, where it joined members of the Chinese community and business leaders to highlight growing commercial ties between the two countries.
Bilateral trade between Ghana and China recently surpassed US$14.1 billion, reflecting a 19.3 per cent year-on-year increase and the highest level recorded.
China’s economy, with GDP exceeding 140 trillion yuan (about US$20.2 trillion) and annual growth of around five per cent, continues to present significant market opportunities for Ghanaian businesses.
Mrs Auriella Baaba Ofori-Odame, Head of State-Owned Enterprises and Afro-Asia Banking at GCB Bank, said the Bank had developed tailored financial models to position Ghanaian firms to compete effectively in China’s vast consumer market of more than 1.4 billion people.
She explained that GCB’s export-support initiative assists clients in meeting export standards, navigating regulatory protocols and fulfilling market-entry requirements.
The programme also facilitates linkages between Ghanaian exporters and potential Chinese buyers, opening access to new revenue streams.
While promoting local production, Mrs Ofori-Odame acknowledged the importance of strategic imports to sustain Ghana’s light industrial sector.
She noted that the Bank supports Ghanaian importers by connecting them with verified Chinese manufacturers, suppliers and original equipment producers, while providing advisory services to ensure efficient sourcing aligned with domestic industry needs.
She stressed that seamless payment systems remain critical to strengthening trade flows. In that regard, GCB Bank has enhanced partnerships to provide secure cross-border interbank payment channels tailored specifically for Ghana–China transactions.
The systems are designed to improve reliability, minimise transaction delays and build confidence among businesses trading within the corridor.
Beyond trade facilitation, the Bank also supports bilateral investment by offering financial structuring, advisory services and market intelligence to connect investors from both countries.
Mrs Cynthia Ofori-Dwumfuo, Chief Marketing, Communications and Customer Experience Officer at GCB Bank, said the Bank’s participation in the festival underscored both cultural appreciation and a strategic commitment to expanding economic engagement with China.
She highlighted the Bank’s Afro-Asia Desk as a key platform providing customised banking services for enterprises operating within the Ghana–China trade and investment space.
With trade volumes rising and China maintaining its position as one of Ghana’s largest trading partners, GCB Bank says it remains focused on delivering innovative financial solutions that enhance competitiveness, support industrial growth and strengthen economic cooperation between the two countries.
