- National Investment Bank
-
National Investment Bank Type Parastatal Industry Financial Services Founded 1963 Headquarters Accra, Ghana Key people Emmanuel Ablo, Chairman
P.A. Kuranchie, Managing DirectorProducts Loans, Savings, Checking, Investments, Debit Cards, Credit Cards, Mortgages Revenue :Aftertax:US$4 million (2007) 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
Overview
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]
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[update], the bank maintains a network of interlinked branches at the following locations: [3]
- 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[4]
- Wa Branch - Wa
- Ho Branch - Ho
- Takoradi Branch - Takoradi
Governance
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]
External links
See also
- List of banks in Ghana
- Economy of Ghana
References
Categories:- Companies of Ghana
- Banks of Ghana
- Banks established in 1963
- Accra
Wikimedia Foundation. 2010.