GENERAL NEWS

Promise Fulfilled! GCB Bank Begins Paying DKM Customers

Government, through the Ghana Commercial Bank (GCB) has begun paying the locked-up funds to customers of the defunct DKM Diamond Microfinance Limited.


The exercise which begun yesterday, Wednesday August 5, 2020 saw GCB listing over 300 customers of DKM who will be receiving their funds.

This is in fulfilment of the President’s promise during his 4th State of the Nation Address (SONA) on February 20, 2020, when he said his government has made arrangements to pay all depositors of failed financial institutions, including DKM.

President Akufo-Addo announced that the government has made available an extra GH¢5 billion to pay affected depositors of failed financial institutions “a 100% of their deposits”.

The payment of the funds however is coming few days after former President John Dramani Mahama promised to settle aggrieved customers of defunct financial firms within a year if he is re-elected and claimed that the NPP government has failed the people.

But government has insisted that over 90 percent of the customers have been paid since the assumption of office by President Nana Addo Dankwa Akufo-Addo.

According to the list of the customers who are to be paid beginning August 5, 2020 will continue till Thursday, August 13, 2020.

GCB Bank’s main branch at Sunyani will be the recipient bank for onward transfer to branches in the other two cities.

By Prosper Agbenyega

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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