National Investment Bank

This article is about the bank of Ghana. For the bank of Ethiopia, see Nib International Bank. For Pakistan, see NIB Bank.
National Investment Bank Ghana Limited
Company typePrivate company, Parastatal
IndustryFinancial services
Founded1963; 61 years ago (1963)
Headquarters
Accra
,
Ghana
Number of locations
52 branches
Key people
Michael Ayesu
Ag. Board Chairman
Samuel Sarpong
Managing Director[1][2]
ProductsLoans, Savings, Checking, Investments, Debit Cards, Credit Cards, Mortgages
RevenueIncrease:Aftertax:US$4 million (GHS:7.5 million) (2011)[3]
Total assetsUS$468.5+ million (GHS:878.9 million) (2011)
Websitewww.nib-ghana.com

National Investment Bank, normally abbreviated to NIB, is a state owned commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator.[4] NIB was form to promote industrialization of all sectors in the country. It has undergone management and financial restructure to help it attain higher financial levels across the world.[5]

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]

  1. ^ "Ghana: NIB Declares Profit Again". Public Agenda (Accra). 2012-05-15. Retrieved 2017-08-17.
  2. ^ "The Board of Directors At National Investment Bank". Archived from the original on 2012-03-17. Retrieved 2012-05-15.
  3. ^ December 2011 Aftertax Profit
  4. ^ List of Licensed Commercial Banks In Ghana
  5. ^ "National Investment Bank".
  6. ^ "Ghana: NIB Declares Profit Again". Public Agenda (Accra). 2012-05-15. Retrieved 2017-08-17.