Tag: Development Bank-Ghana
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MSMEs to enjoy low interest rates with creation of Development Bank Ghana – Ofori-Atta
Finance Minister, Ken Ofori-Atta has assured that the establishment of the Development Bank Ghana (DBG) will see a reduction in interest rates for Ghanaian businesses. This comes barely a day after the Ministry of Finance and the European Investment Bank signed an agreement for the provision of a €170 million facility for the establishment of…
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Finance Minister justifies establishment of Development Bank Ghana
Finance Minister, Ken Ofori-Atta, has defended the government’s decision to set up the Development Bank Ghana (DBG). The Minister says the Bank is a major part of the GHS100 billion CARES ‘Obaatampa’ programme aimed at dealing with the devastating economic effects of the COVID-19 pandemic. “DBG is a key pillar in our efforts to quickly…
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Akufo-Addo secures €170 million for Development Bank-Ghana
The Ministry of Finance and the European Investment Bank have signed an agreement for the provision of a one hundred- and seventy-million-euro (€170 million) facility for the establishment of a new national bank, the Development Bank Ghana (DBG). DBG is an integral feature of the GH¢100 billion Ghana Cares ‘Obaatampa’ Project, which is seeing to…