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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.
Consolidated Bank Ghana Limited, state-owned; Ecobank Ghana PLC, part of Ecobank Group; FBNBank (Ghana) Limited, part of First Bank of Nigeria Group; Fidelity Bank Ghana Limited; First Atlantic Bank Limited; First National Bank (Ghana) Limited, part of FirstRand Group; GCB Bank PLC, majority state-owned; Guaranty Trust Bank (Ghana) Limited ...
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). [6]
On 1 August 2018, the banking licenses of those five banks were cancelled and their assets and selected liabilities were merged to form Consolidated Bank Ghana Limited. [6] In addition, these five banks had committed regulatory breaches that made it impossible for them to operate as banking institutions, so Bank of Ghana closed them and fired ...
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 ...
Bank of Africa Ghana Limited, also referred to as BOA Ghana, is a commercial bank in Ghana. It is one of the commercial banks licensed by Bank of Ghana, the central bank of Ghana, and the national banking regulator. the bank has 33 branches in 2015. [3] BOA Ghana is a large financial services provider in Ghana.
The Ghana Standards Authority (GSA) formerly Ghana Standards Board (GSB) is a Government of Ghana agency responsible for the maintenance of acceptable standards for product and services and sound management practices in industries and public institutions in Ghana.
It was one of the private national development and commercial banks licensed by Bank of Ghana, the national banking regulator. [3] [4] On August 14, 2017, the Bank of Ghana announced it had revoked its license due to insolvency during Ghana's banking crisis. The bank was then taken over by GCB Bank. The founder of the bank, William Ato Essien ...