Business News of Friday, 4 January 2019
Source: classfmonline.com
National Investment Bank
The Governor of the Bank of Ghana, Dr Ernest Addison, has announced that the government of Ghana intends restructuring the National Investment Bank (NIB) and Agricultural Development Bank (adb) to ensure they focus on industrialisation and agriculture, respectively.
Speaking at a press conference on Friday, 4 January 2018 regarding the recapitalisation of banks in Ghana, Dr Addisson said: The bank has verified resources for the recapitalisation. Some of these verification processes are still ongoing and will be validated by external auditors. Resources from that will be used to recapitalise the two state-owned banks adb and NIB to help dr…
Read the full article at: https://www.ghanaweb.com/GhanaHomePage/business/Government-to-restructure-NIB-adb-712833