National Investment Bank
| Type | Parastatal |
|---|---|
| Industry | Financial Services |
| Founded | 1963 |
| Headquarters | Accra, Ghana |
| Key people |
Elizabeth Solomon Acting Chairperson P.A. Kuranchie Managing Director |
| Products | Loans, Savings, Checking, Investments, Debit Cards, Credit Cards, Mortgages |
| Revenue |
 :Aftertax:US$4 million (GHS:7.5 million) (2011)[1] |
| Total assets | US$468.5+ million (GHS:878.9 million) (2011) |
| 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 commercial banks licenced by the Bank of Ghana, the national banking regulator.[2]
Overview
NIB is a medium-sized financial services provider in Ghana. As of December 2011, the total valuation of the bank's assets was approximately US$468.5 million (GHS:878.9 million), with shareholders' equity of approximately US$47 million (GHS:88.1 million).[3]
History
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.
Ownership
The shares of stock of the National Investment Bank are 100% owned by the Government of Ghana.
Branch network
As of March 2011, the bank maintains a network of interlinked branches at the following locations: [4]
- Main Branch - 37 Kwame Nkrumah Avenue, Accra
- Kumasi Central Branch - Kejetia, Central Kumasi
- Kumasi Main Branch - Adum, Kumasi
- Obuasi Branch - Adansi, Obuasi
- Kintampo Branch - Kintampo
- Ntotoroso Branch - Ntotoroso
- Sunyani Branch - Sunyani
- Techiman Branch - Techiman
- Wenchi Branch - Wenchi
- Cape Coast Branch - Cape Coast
- Dunkwa On Offin Branch - Dunkwa On Offin
- Winneba Road Branch - Winneba Road, Accra
- Koforidua Branch - Koforidua
- Oda Branch - Oda
- Abeka Branch - Abeka, Accra
- Accra Main Branch - Accra Central Main Branch
- International Banking Branch - Accra
- Industrial Area Branch - North Industrial Area, Accra
- Osu Branch - Osu, Accra
- Spintex Road Branch - Sakumono, Accra
- Adenta Branch - Adenta, Accra
- Harbour Area Branch - Harbour Area, Tema
- Community Nine Branch - Community Nine, Tema
- Tema Main Branch - Tema
- Tamale Branch - Tamale
- Bolgatanga Branch - Main Commercial Street, Bolgatanga[5]
- Wa Branch - Wa
- Ho Branch - Ho
- Takoradi Branch - Takoradi
Governance
The Acting Chairperson of the thirteen-member (13) Board of Directors is Elizabeth Solomon. The Managing Director and Chief Executive Officer of the bank is P.A. Kuranchie.[6][7]
External links
See also
References
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