Type Private
Parastatal Founded 1963 | Industry Financial Services Headquarters Accra | |
 | ||
Key people Togbe Afede XIV'
Chairman Mr. John Kweku Asamoah
Managing Director Products Loans, Savings, Checking, Investments, Debit Cards, Credit Cards, Mortgages Revenue :Aftertax:US$4 million (GHS:7.5 million) (2011) Total assets US$468.5+ million (GHS:878.9 million) (2011) Motto your business is our business Subsidiaries First Ghana Savings And Loans Ltd., NI Capital, National Investment Bank, Ghana, Asset Management Arm | ||
News360 national investment bank holds thanksgiving service 8 2 2016
National Investment Bank Ghana Limited, commonly referred to as National Investment Bank, normally abbreviated to NIB, is a parastatal private bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator.
Contents
Overview
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).
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.
Leadership
Togbe Afede XIV is Board Chairman; John Kweku Asamoah is Managing Director
Branch network
As of March 2011, the bank maintains a network of 29 branches
Governance
The Chairperson) Board of Directors is Togbe Afede XIV. The Managing Director and Chief Executive Officer of the bank is John Kweku Asamoah.