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The Development Bank Ghana (DBG) is a government-owned development bank in Ghana.Owned by the government of Ghana, the institution has received grants and loans for on-lending to Ghana's commercial banks, from the African Development Bank, the World Bank Group, the European Investment Bank, and the German Development Bank. [1]
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
First National Bank (Ghana) Limited, part of FirstRand Group; GCB Bank PLC, majority state-owned; Guaranty Trust Bank (Ghana) Limited, part of GTCO Group; National Investment Bank Limited, state-owned; OmniBSIC Bank Ghana Limited; Prudential Bank Limited; Republic Bank (Ghana) PLC, part of Republic Bank Group; Societe Generale Ghana PLC, part ...
Parliament on Friday approved a $150 million loan agreement between the government and the World Bank's International Development Association to improve Accra's economic resilience.
The World Bank Administrative Tribunal was established in 1980, to decide on disputes between the World Bank Group and its staff where allegation of non-observance of contracts of employment or terms of appointment had not been honored. [20] McNamara was succeeded by U.S. President Jimmy Carter's nominee, Alden W. Clausen, in 1980.
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
Water privatization in Ghana has been discussed since the early 1990s as a reaction to poor service quality and low efficiency of the existing urban water utility Ghana Water and Sewerage Corporation (GWSC), renamed Ghana Water Company Ltd. (GWCL) in 1999. The World Bank supported the process of private sector participation in the urban water ...
The World Bank Group is the globe's most prestigious development lender, bankrolling hundreds of government projects each year in pursuit of its high-minded mission: to combat the scourge of poverty by backing new transit systems, power plants, dams and other projects it believes will help boost the fortunes of poor people.