Adomaa Frempong

CalBank PLC

Currently the most innovative Ghanaian Bank, CalBank commenced operations in July 1990, providing world class financial solutions to the Ghanaian banking sector. Soon after, it has blossomed into one of the most preferred publicly listed banks, thus translating into well documented over subscription of the CalBank Shares during its Initial Public Offer in 2004 by 150 per cent and again over 300 per cent over subscription of the CalBank Shares during its private placement in 2011. This consequently led to the bank meeting its capitalization ahead of the set deadline. The eagerness expressed by the investing public, major international private equity investors and development finance desirous of becoming shareholders of the bank has made the CalBank Share the most preferred publicly listed share. With this confidence, the bank is poised to further transform the Ghanaian banking industry.