National Investment Bank
 | |
| Type | Private company, Parastatal |
|---|---|
| Industry | Financial services |
| Founded | 1963 |
| Headquarters | , |
Number of locations | 52 branches |
Key people | Michael Ayesu Ag. Board Chairman Samuel Sarpong Managing Director[1][2] |
| Products | Loans, Savings, Checking, Investments, Debit Cards, Credit Cards, Mortgages |
| Revenue |  :Aftertax:US$4 million (GHS:7.5 million) (2011)[3] |
| Total assets | US$468.5+ million (GHS:878.9 million) (2011) |
| Website | www |
National Investment Bank, normally abbreviated to NIB, is a state owned commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator.[4]
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).[5]
History[edit]
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.
Branch network[edit]
As of September 2017[update], the bank maintains a network of 52 branches [6]
See also[edit]
References[edit]
- ^ "Ghana: NIB Declares Profit Again". Public Agenda (Accra). 2012-05-15. Retrieved 2017-08-17.
- ^ The Board of Directors At National Investment Bank
- ^ December 2011 Aftertax Profit
- ^ List of Licensed Commercial Banks In Ghana
- ^ "Ghana: NIB Declares Profit Again". Public Agenda (Accra). 2012-05-15. Retrieved 2017-08-17.
- ^ Branches of National Investment Bank
