| Type | Parastatal |
|---|---|
| Industry | Financial Services |
| Founded | 1963 |
| Headquarters | Accra, Ghana |
| Key people | Emmanuel Ablo, Chairman P.A. Kuranchie, Managing Director |
| Products | Loans, Savings, Checking, Investments, Debit Cards, Credit Cards, Mortgages |
| Revenue |
|
| Total assets | US$226.4+ million (2007) |
| Website | Homepage |
National Investment Bank Ghana Limited, commonly referred to as National Investment Bank, normally abbreviated to NIB, is a commercial bank in Ghana. It is one of the twenty-seven (27) licensed commercial banks in Ghana.[1]
Contents |
NIB is a medium-sized financial services provider in Ghana. As of December 2007[update], the total valuation of the bank's assets was approximately US$226.4 million (GHS:344.2 million), with shareholder's equity of approximately US$28.6 million (GHS:43.5 million).[2]
The bank was established by the Government of Ghana in 1963, as a national development bank. Later, the bank was granted a commercial banking license by the Bank of Ghana, the national banking regulator.
The shares of stock of the National Investment Bank are 100% owned by the Government of Ghana.
As of March 2011[update], the bank maintains a network of interlinked branches at the following locations: [3]
The Chairman of the thirteen-member (13) Board of Directors is Emmanuel Ablo. The Managing Director and Chief Executive Officer of the bank is P.A. Kuranchie.[5]