The Ghana Association of Bankers (GAB) is the country's leading mouthpiece for the universal banking sector, currently representing the interests of 24 member banks. Membership brings together all the universal banks as the number in the sector increases. At its inception on 29th May 1980, there were seven universal banks in Ghana against the current figure of 24. GAB supports and promotes policies and initiatives that balance both the interest of banks, and the wider public benefit. In consonance with similar global bodies, GAB's work is underpinned by three core priorities: Helping customers - both households and businesses Promoting growth, including supporting Ghana as the financial gateway to West Africa To carry out research, analyze and disseminate information on issues affecting the banking industry's performance and growth. We intend to Bankers' Newsletter and Annual Journal and by the circulation of member banks Newsletters and other communications. To enhance industry performance especially in the areas of credits by pursuing to fruition the establishment of Credit reference bureau and also the general upgrade of bank personnel through training programmes. To participate and contribute meaningfully to the programmes and activities of the West African Bankers' Association and the proposed West African Monetary Agency.
The GAB's mission is to support the banking industry in developing the best practices and standards; in advocating regulatory, financial and economic policies that are in the broad interest of its members and foster stability in the financial services industry, and ultimately, engender economic growth for the nation. More Specifically, to be the voice of banks in Ghana. GAB is the unified voice of the universal banks established in Ghana. It is a forum where best To consider, represent and make known the views of its members on legislative, economic and fiscal, acceptance by the practices are exchanged, legislative proposals and initiatives arc debated and common positions adopted. To serve the interest of the Ghanaian banking industry GAB represents, defends and promotes the interest of its members, promotes the development of the banking industry, provides value-adding information, efficient and professional services to its members.
GAB aspires to be the exemplary trade body on the basis of the distinctive status. Members and the users of our services will thrive because of our unparalleled combination of quality and breadth; high standards; our open, collaborative and innovative culture. As a national association of the universal banks, GAB would progressively be committed to being the most influential body of financial institution.
Core values are inviolable commitments that express "who we are as a trade body" and what principles or qualities should infuse all practices and activities within the body. More specifically; Purpose, operating jointly and severally to promote an effective banking system in Ghana. Each member recognises that a bank is a trustee and maintained. Operating within individual banks, members aim to serve respective stakeholders through businesses both within and beyond Ghana. Members are aware that their decisions and actions affect the daily lives of stakeholders. The members of GAB, jointly and severally hold themselves accountable for the disciplined management of risk and for doing the right thing.