CAL Bank
CalBank PLC is a Ghanaian commercial bank founded in 1990 and listed on the Ghana Stock Exchange, providing personal, SME, and corporate banking services across Ghana through branches, agent banking, mobile app, and internet banking channels.
- Company typePublic
- Founded1990
- HeadquartersAccra, Ghana
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What CAL Bank does
CalBank PLC is a Ghanaian commercial bank founded in 1990 and listed on the Ghana Stock Exchange (ticker: gha:CAL), headquartered at 23 Independence Avenue, Ridge, Accra. The bank operates as a universal bank serving personal, business, and corporate banking segments with an explicit Q1 2026 strategic emphasis on SME and retail lending alongside strict risk controls. Its product portfolio spans current and savings accounts (Premium, Current, Student, Home Invest, KiddySave, FlexiSave), consumer and business loan facilities (Salary Advance, Snap Cash micro-loans, mortgages, business financing), a full card suite (GH-Link domestic debit, Visa Classic/Gold/Platinum/Signature, and USD/GHS Prepaid cards), corporate banking services (corporate current accounts, project financing, transactional banking, CalPay collection), and Platinum premium banking for high-net-worth individuals.
The bank distributes these products through a multi-channel network combining physical branches, the CalBank Nsawa agent banking network, and digital platforms. The CalBank App, available on Google Play, Apple App Store, and Huawei AppGallery, delivers mobile banking with biometric login, fund transfers, bill payments, QR code payments via GhQR and mVISA, card management, and MTN Mobile Money integration. CalNet provides 24/7 internet banking for individuals and businesses, supporting bulk payments, salary uploads, and account management. Security infrastructure includes multi-factor authentication, 256-bit SSL encryption, real-time fraud monitoring, ISO/IEC 27001:2013 certification, and PCI DSS compliance. Additional revenue is generated through bancassurance, CalPay bill collection for merchants, and Proxy Pay for corporates.
CalBank's revenue model is anchored in net interest income from lending activities (GHS 171.1M in Q1 2026, nearly doubling YoY), complemented by non-funded income from fees and commissions (now 47% of total operating income, up 89% YoY) and net trading income (GHS 89.3M in Q1 2026). The bank recently completed a successful recapitalization, recovering from a negative capital adequacy position in 2024 to 17.2% by Q1 2026, with NPLs declining from 45% to 15.1% over two years. Q1 2026 results showed profit before tax of GHS 204 million (up 156% YoY), net profit of GHS 106.8 million (nearly triple the prior year), total assets of GHS 13.4 billion, and customer deposits of GHS 10.4 billion.
CAL Bank firmographics
Firmographics- Name
- CAL Bank
- Legal name
- CalBank PLC
- Website
- https://calbank.net
- Company type
- Public
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- CalBank PLC is a Ghanaian commercial bank founded in 1990 and listed on the Ghana Stock Exchange, providing personal, SME, and corporate banking services across Ghana through branches, agent banking, mobile app, and internet banking channels.
- Ownership category
- akta.pro rank
CAL Bank industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Customer Experience & Engagement (CRM, Support, Rewards, Loyalty) (FSAGAAAM)
- akta.pro secondary industries
- Bank Bill Pay (Consumer & Small Business) (FSAMAJAC), Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)
Keywords
Where CAL Bank is headquartered
LocationHeadquarters
- HQ city
- Accra
- HQ country
- Ghana
- HQ region
- Africa
Offices1 record
Markets served
CAL Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Others
Revenue model
- Net Interest Income: Interest income earned from lending activities minus interest paid on deposits. Net interest income nearly doubled to GHS 171.1 million in Q1 2026 from GHS 86.3 million in Q1 2025, driven by higher interest income and substantial reduction in interest expense reflecting improved funding efficiency.
- Non-Funded Income (Fees and Commissions): Fee-based income from banking services including account maintenance, transactions, and card services. Non-funded income climbed 89% accounting for 47% of total operating income, reflecting a more resilient and diversified earnings base amid falling interest rates.
- Net Trading Income: Income from trading activities. Net trading income of GHS 89.3 million in Q1 2026 contributed to total revenue of GHS 326.7 million, representing over 110% year-on-year growth.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal Banking accounts with various features and benefits |
| Subscription | Monthly | Business and Corporate Banking services |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
CAL Bank product offering
Product offeringCore offering
CalBank PLC is a Ghanaian universal commercial bank offering personal, business, and corporate banking services across physical branches, digital platforms (CalBank App and CalNet), and agent banking locations. The bank's core offerings include current and savings accounts, loans and mortgages, payment cards (GH-Link, Visa, Prepaid), corporate financing, treasury and cash management solutions, and digital payment services such as CalPay and Proxy Pay. Revenue is generated primarily through net interest income from lending and fee-based income from banking services.
Product overview
CalBank operates as a universal bank in Ghana offering a comprehensive suite of banking products and services through multiple channels including branch banking, digital banking (CalBank App and CalNet internet banking), and agent banking. The product portfolio encompasses personal banking solutions (Premium Account, Current Account, Student Account, Home Invest Account, KiddySave, FlexiSave), loan products (Salary Advance, Snap Cash Facility, mortgages, business financing), various payment cards (GH-Link domestic cards, Visa Classic/Gold/Platinum/Signature cards, Prepaid Cards), and corporate/business banking services (Corporate Current Account, Business Financing, CalPay, Proxy Pay, Women's Banking). The bank delivers these through its digital platforms—CalBank App for mobile banking and CalNet for internet banking—alongside traditional branch and agent banking networks.
Differentiator
Problem solved
Functional benefit
Products and services
- CalBank App Mobile banking application enabling users to send money, pay bills, shop online, manage cards, and control finances anytime, anywhere with biometric security and 3-D Secure protection. Targeted at personal and business banking customers.
- CalNet Internet Banking Internet banking platform providing 24/7 secure access to accounts, fund transfers, bill payments, salary processing, and bulk payment management for individuals and businesses.
- Premium Account Premium personal banking account with enhanced services and benefits for high-value personal customers.
- Personal Current Account Personal current account for everyday banking transactions with check book access and overdraft facilities.
- CalBank Student Account Banking account designed specifically for students with features tailored to their financial needs.
- Home Invest Account Savings account designed to help customers save towards purchasing a home.
- KiddySave Account Savings account for children designed to instill savings habits from an early age.
- FlexiSave Account Flexible savings account combining features of savings and current accounts with enhanced returns.
- Personal Loan Products Various loan facilities including personal loans, mortgages, and business financing tailored to personal customer needs.
- Bancassurance Insurance products and services distributed through the bank to provide comprehensive financial solutions to customers.
- Agent Banking (CalBank Nsawa) Banking services provided through authorized agents in communities without bank branches, enabling customers to perform basic transactions outside the branch network.
- Youth Banking Banking products and services designed specifically for young adults and teenagers.
- GH-Link Card Locally issued domestic debit card under the GhIPSS system accepted at all ATMs and POS terminals of partner financial institutions across Ghana.
- Visa Classic Card Visa-branded debit card enabling access to funds worldwide through ATM, POS, and e-commerce channels with 3-D Secure protection.
- Visa Gold Card Premium Visa card with higher spending limits, enhanced card protection, travel perks, and FX Pay functionality.
- Visa Platinum Card Premium Visa card offering luxury services, exclusive airport lounge access, and prestige benefits.
- Visa Signature Card Premium travel, dining, and shopping card with luxury benefits, personalized concierge services, complimentary travel insurance, and global acceptance.
- CalBank Prepaid Card Reloadable prepaid card available in USD or GHS currency for international payments without requiring a bank account, usable at any Visa or MasterCard-enabled ATM, POS, or online merchant.
- Corporate Current Account Current account designed for corporate clients with comprehensive banking services and transactional capabilities.
- Business Financing Financing solutions for businesses including working capital, equipment financing, and growth capital.
- Transactional Banking Services Comprehensive transactional banking services for corporate clients including cash management and payment processing.
- Corporate & Project Financing Large-scale financing solutions for corporate projects and infrastructure development.
- Proxy Pay Bill collection service allowing businesses to receive payments conveniently from customers.
- Business Premium Account Premium banking account for businesses with enhanced features and dedicated services.
- Women's Banking Specialized banking products and services designed for women entrepreneurs and professionals.
- CalPay Payment collection solution for businesses including hotels, airlines, schools, mosques, and churches.
- Platinum Banking Premium banking service for high-net-worth individuals with exclusive benefits and personalized service.
Quantifiable outcome
- Profit before tax surged 156% in Q1 2026 to GHS 204 million
- +3 more outcomes
Companies that use CAL Bank
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
CAL Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
Feature6 records
CAL Bank partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- MTN Ghana FoundationcoreMTN Ghana Foundation and CalBank partnered for the 2026 Save a Life blood donation drive, collecting 7,020 units of blood across 47 centers in all 16 regions of Ghana, surpassing their 7,000-unit target. The National Blood Service commended the inaugural partnership as a game changer for Ghana's healthcare sector. The initiative is part of MTN Ghana's annual Valentine Season of Love CSR program. Both companies committed to making this an annual initiative.
- Development Bank Ghana (DBG)coreCalBank is a PFI (Partner Financial Institution) of DBG (Development Bank Ghana), participating in programs to provide financing and financial services to businesses in Ghana through the DBG ecosystem.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
CAL Bank competitors and assessment
Company assessmentEmerging players
- MTN Ghana Mobile Money: MTN MoMo is Ghana's dominant mobile money platform and CAL Bank's integration partner. While not a traditional bank, MoMo captures substantial payment, transfer, and small-ticket lending volumes, competing with CAL Bank's fee-based revenue streams and reshaping customer expectations for digital financial services.
Direct peers
- GCB Bank PLC: GCB Bank is Ghana's largest state-owned universal bank, offering directly comparable personal, business, and corporate banking products including digital channels, Visa cards, and agent banking. Both banks compete head-to-head for SME, retail, and corporate customers on the Ghana Stock Exchange.
- Republic Bank (Ghana) PLC: Republic Bank Ghana, the local subsidiary of Republic Financial Holdings, provides universal banking services and was noted as a key gainer during the GSE market cap rally referenced in CAL Bank's data. It is a direct comparable in retail, SME, and corporate banking in Ghana.
- Standard Chartered Bank Ghana: Standard Chartered Bank Ghana is a foreign-owned universal bank providing personal, SME, and corporate banking services including digital platforms and Visa card products. It competes with CAL Bank primarily in corporate, premium retail, and trade finance segments.
- Absa Bank Ghana: Absa Bank Ghana (formerly Barclays) is a universal bank offering personal, business, and corporate banking with comparable digital platforms and card products. It is a direct competitor in premium retail, SME, and corporate banking in Ghana.
- Ecobank Ghana: Ecobank Ghana is a major universal commercial bank offering personal, business, and corporate banking with a parallel mobile app (Ecobank Mobile) and pan-African parent. It directly competes with CAL Bank across SME financing, digital banking, and corporate lending in Ghana.
- Fidelity Bank Ghana: Fidelity Bank Ghana is a private universal bank offering personal, SME, and corporate banking with strong digital channels (Fidelity Mobile App). It directly competes with CAL Bank for the same customer segments in Ghana and is similarly sized.
- Stanbic Bank Ghana: Stanbic Bank Ghana, a Standard Bank subsidiary, offers personal, business, and corporate banking with comparable digital platforms and a strong focus on SME and corporate lending. It competes directly with CAL Bank for mid-market and large corporate clients in Ghana.
- Agricultural Development Bank of Ghana: Agricultural Development Bank (ADB) is a state-owned universal bank providing personal, SME, and agribusiness banking across Ghana. It competes with CAL Bank in retail and SME segments, particularly in agribusiness financing.
- Zenith Bank Ghana: Zenith Bank Ghana is a subsidiary of Nigeria's Zenith Bank Plc, offering personal, business, and corporate banking with digital channels. It is a direct competitor in the Ghanaian commercial banking market, particularly in corporate and SME lending.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CAL Bank social profiles
Digital presenceCAL Bank compliance and trust
Trust signalCompliance2 records
CAL Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
CAL Bank leadership team
Management profileNumber of profiles
Profiles1 record
CAL Bank funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CAL Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CAL Bank
What does CAL Bank do?
CalBank PLC is a Ghanaian universal commercial bank offering personal, business, and corporate banking services across physical branches, digital platforms (CalBank App and CalNet), and agent banking locations. The bank's core offerings include current and savings accounts, loans and mortgages, payment cards (GH-Link, Visa, Prepaid), corporate financing, treasury and cash management solutions, and digital payment services such as CalPay and Proxy Pay. Revenue is generated primarily through net interest income from lending and fee-based income from banking services.
Is CAL Bank a public or private company?
CAL Bank is a public company. It is classified as public and is currently operating.
When was CAL Bank founded?
CAL Bank was founded in 1990. It employs 501 to 1,000 people.
Where is CAL Bank based?
CAL Bank is headquartered in Accra, Ghana, in the Africa region.
How does CAL Bank make money?
Three revenue lines are on record. Net Interest Income is the primary driver. The others are non-Funded Income (Fees and Commissions) and net Trading Income.
Who are CAL Bank's main competitors?
MTN Ghana Mobile Money is listed as an emerging player. Direct peers are GCB Bank PLC, Republic Bank (Ghana) PLC, Standard Chartered Bank Ghana, Absa Bank Ghana, Ecobank Ghana, Fidelity Bank Ghana, Stanbic Bank Ghana, Agricultural Development Bank of Ghana and Zenith Bank Ghana.
Does CAL Bank have an API?
No public API is recorded for CAL Bank.
What industry is CAL Bank in?
CAL Bank's product category is Commercial Banking. Its primary akta.pro industry code is FSAGAAAM, Customer Experience & Engagement (CRM, Support, Rewards, Loyalty), with a secondary code of FSAMAJAC, Bank Bill Pay (Consumer & Small Business). Its NAICS code is 522110 and its SIC code is 6021.