The Trust Bank
# The Trust Bank

The Trust Bank Limited, commonly known as The Trust Bank (TTB), is a commercial bank in Ghana. It is one of the twenty-seven (27) commercial banks licensed by the Bank of Ghana, the banking regulator in the country.

## Overview

TTB is a medium-sized financial services provider in Ghana. As of December 2009, the bank's total assets were valued at approximately US$205 million (GHS:311.75 million), with shareholder's equity of about US$27 million (GHS:40.73 million).

## History

The bank was founded in 1996 and commenced provision of banking services on 14 October 1996, following the issuance of a banking license by the Bank of Ghana. The Trust Bank is a retail bank that focuses on meeting the banking needs of small and medium-sized enterprises (SMEs).

## Ownership

The shares of stock of TTB are owned by Ghanaian and International corporate investors. The shareholding in the bank is depicted in the table below:

## Branch Network

As of February 2011, The Trust Bank maintains a network of twenty (20) networked branches at the following locations:

* Main Branch - Reinsurance House, 68 Kwame Nkrumah Avenue, Accra
* Trust Towers Branch - Sobukwe Road (Farrar) Avenue, Accra
* Okofo House Branch - Kwame Nkrumah Avenue, Adabraka, Accra
* Kantamanto Branch - Tarzan House, Near Hotel De Horses, Accra
* Tesano Branch - Tesano, Accra
* Madina Branch - Old Road Taxi Rank, Accra
* Tema Community 1 Branch - Community 1, Tema
* Tema Main Branch - Hospital Road, Tema
* Sakumono Branch - Ocean Wave Hotel, Sakumono
* Post Office Square Branch - Opposite General Post Office, Accra
* Budumburam Branch - Budumburam, Central Region
* Harper Road Branch - Harper Road, Adum, Kumasi
* Suame Magazine Branch - Offinso Road, Suame, Kumasi
* Ashhtown Branch - Dr. Mensah Traffic Light, Kumasi
* Kwashieman Branch - Kwashieman, Accra
* Kissieman Branch - Kissieman, Near J. B. Plaza
* Dede Plaza Branch - Spintex Road, Accra
* Kwabenya Branch - Kwabenya, Accra
* Okponglo Branch - Okponglo, Accra
* Kasoa Branch - Kasoa

## Takeover and merger

In December 2011, the Bank of Ghana approved the takeover of The Trust Bank by Ecobank Transnational and the merger of the acquired institution with Ecobank Ghana.

