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Below is a list of other banks in Ghana as at June 2022. [1] ARB Apex Bank Limited; Development Bank of Ghana; See also. ... Contact Wikipedia; Code of Conduct;
The DBG was conceived in 2017 , established in 2020, awarded license to operate by Bank of Ghana in 2021 and launched in June 2022. [10] [11] It was established to complement two other government-owned financial houses established before, namely the Agricultural Development Bank of Ghana and the National Investment Bank. However, they lacked ...
He was a co-founder of Databank Group, a Ghanaian financial services company, and served as executive chairman until 2012 when he resigned. [6] He was nominated by President Nana Akufo-Addo on 10 January 2017 and assumed office on 27 January 2017 as finance minister.
In September 2017, the Bank of Ghana directed all universal banks in Ghana to raise their minimum capital reserves from GHS:120 million (US$22.8 million) to GHS:400 million (US$73.4 million). Five banks that failed to meet the minimum requirements were merged, namely Construction Bank, The Beige Bank, The Royal Bank, UniBank and Sovereign Bank.
As of April 2010, ADB was the leading financial institution in agricultural financing in Ghana, responsible for 35% of the total bank industry financing of agriculture. [7] In September 2010, the bank was recognized as Bank Of The Year at the Africa Investor Agribusiness Awards , in Durban , South Africa , the first institution so recognized ...
NIB is a medium-sized financial services provider in Ghana. As of December 2011 [update] , 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).
Savings and Loans Company is a statutory term used for non-bank financial institutions in Ghana. There are 37 Savings and Loans Companies released by the Bank of Ghana as at January 2017. Such institutions are licensed by the Bank of Ghana under the Financial Institutions non-Banking Law 1993 (PNDC Law 328). [1]
In a report issued by PwC Ghana, a member of PricewaterhouseCoopers International Limited indicated GCB Bank as part of the Top 7 banks in Ghana controlling 56.3% of the market share with the bank representing 8.7%. [7] At the 28th Annual General Meeting (AGM), GCB Bank posted a profit of GH¢831.9m before tax for the year 2021. [8]