CalBank has climaxed its RED Week celebration with a nationwide wellness walk dubbed the RED Walk. The event, which forms part of activities marking the bank’s 35th anniversary, was organized on Saturday, July 12, 2025.
The walk started at the headquarters of the bank with the participants walking through Osu and back to the headquarters at Ridge.
Speaking to journalists, Managing Director Carl Selasi Asem emphasised the importance of the bank’s founding principles in sustaining its operations through decades of economic shifts and recent financial challenges.
“We still believe that it is our values that have made CalBank resilient. This anniversary has rejuvenated us for greater success in the years ahead.”
The celebration, which formed part of the bank’s “Values Week,” highlighted the principles of responsibility, effectiveness, and
Throughout the week, staff of the bank and stakeholders engaged in various activities reflecting the values.
Mr. Asem addressed recent concerns regarding CalBank’s performance following the impact of Ghana’s Domestic Debt Exchange Programme (DDEP). He acknowledged the challenges faced, including asset quality reviews and market uncertainties, but expressed confidence in the bank’s strategic response.
“We’ve taken some hits, but we’ve bounced back. Our shareholders have shown full commitment to recapitalise the bank. We are profitable again, and we are poised to become one of the top banks in this country.”
According to him, the bank has already turned the corner on profitability since last year and is investing heavily in technological innovation, product development, and organisational restructuring to boost stakeholder value.
Looking ahead, Mr. Asem outlined an ambitious roadmap for CalBank, with a vision to become one of Ghana’s leading indigenous banks, built on robust systems, cutting-edge digital platforms, and a deep understanding of local and international banking trends.
“We are reorganising, launching new services, and exceeding expectations. The next 35 years will see CalBank standing tall among Ghana’s top financial institutions.”
“Cal Bank’s 35th anniversary is not just a celebration of longevity but also a statement of intent. With resilient leadership, committed shareholders, and a clear strategy for growth, the bank is charting a future defined by innovation, responsibility, and enduring impact in Ghana’s financial landscape”, he said.