Nduom’s Coconut Grove Fire: GN Bank Continues Business in Make-Shift Structures [Photos]

The Groupe Nduom Bank (GN Bank) and the Gold Coast Fund Management have been forced to continue their business transactions in make-do structures after Saturday’s gory inferno razed their offices.

3News capture the companies on Monday morning, as they were attending to customers in newly erected make-shift shelters within the premises of the Groupe Nduom headquarters.

Groupe Nduom’s Research General Manager, Sammy Ampa, while speaking to the media assured that the companies’ systems and client information are all intact. He also revealed that customers’ cash deposits with the GN Bank were not tampered by the fire as they were all kept in a fire proof vault. Only office gadgets such as computers and other accessories were destroyed together with the building. Mr. Ampa also expressed confidence in the fact that the building was insured, and therefore no need to worry.


It happened that on the evening of Saturday, the 22nd of April 2017, at around 4:30 pm, fire erupted from a section of the Coconut Grove Regency Hotel which houses the office of the Amansan Television (ATV).

Despite the struggles of the Ghana Fire Service to save the building, the fire spread to other offices in the same block with the ATV studio, causing close to total damages to the GN Bank, Gold Coast Securities, Amansan TV and Business Television Africa offices.

There are claims that the firefighters arrived the fire scene unprepared – with water tenders having no water in them. But Deputy Public Relations Officer for the Ghana National Fire Service, Prince Billy Anaglatey debunked the claims, saying that 12 water tenders were dispatched to the fire scene. Read full story of the Coconut Grove fire.

Below are photos of what is left of the razed sections of the Coconut Grove Regency Hotel after the Saturday fire.

Groupe Nduom has however appealed to their customers, especially those of the GN Bank and Gold Coast Securities not to entertain fears as they have no part to play in bearing the losses of the fire. Speaking to the media on Sunday, the Head of the Groupe Nduom’s Corporate Affairs, Richard Keelson assured that all the losses will be borne by the company.