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24.03.2015 Business & Finance

NIB opens Ashaiman branch

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Accra, March 24, GNA - The National Investment Bank (NIB) has opened a new branch at Ashaiman in its quest to bring banking to the doorstep of its customers.

The Chief Executive Officer (CEO) of the Bank, Mr. Ernest Mawuli Agbesi, who officially opened the branch, said the opening of the branch was a strategic move to help support and grow businesses in the municipality.

He said the Consumer Finance package was an extra benefit for customers and salaried workers to purchase household items as the Bank pre-finances the transaction, whilst the consumer pays for the items without interest within a year.

Mr. Agbesi assured customers that NIB would continue to develop innovative products to meet their needs.

Naa Amui I, Queen Mother of Ashaiman, said she was glad the municipality was now being considered as a "gold mine" for small business by financial institutions.

The National Investment Bank Limited (NIB) was established as an autonomous joint state-private institution by an Act of Parliament (Act 163) on March 22, 1963.

It was established primarily to promote and strengthen rapid industrialization in all sectors of the Ghanaian economy. The National Investment Bank was therefore the first development bank in Ghana.  


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