Tag: Eximbank
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EximBank Board charged to boost SME growth
Finance Minister Hon. Ken Ofori Atta has sworn in three members of the Ghana Exim Bank Board with a call on the 9-member Board to prudently utilize the financial resources allocated to them. He believes this will enable the government achieve its target of implementing the IDIF Project. Mr. Ofori Atta said the Bank must…
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Shea industry gets GH¢9.2m boost from EXIM Bank
The Ghana Export and Import Bank (EXIM Bank) has approved an amount of 9.2 million Ghana cedis for the processing of shea into cosmetic products and also for export. According to the bank, the investment should translate into the creation of 300 direct jobs. As at 2017, Ghana earned 70.2 million dollars from the export…
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Analyst backs BoG’s forced retrieval of unpaid Eximbank loans
Some Financial Analysts have lauded moves by the Central Bank to deduct money from commercial banks whose accounts were used to assess loans from the EXIM Bank. The decision follows Exim Bank’s inability to recover credit facilities channeled through them to the commercial banks for on-lending to customers. But Citi Business News understands most of the customers…
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Ghana EximBank Board inaugurated
The Deputy Finance Minister, Kweku Kwarteng has charged the Ghana Exim Bank to pursue pragmatic policies and programs to increase Ghana’s export revenue and improve the Balance of Trade (BoT). The Exim Bank is among others expected to support local producers with the necessary financial and technical expertise to position them to compete favourably with their foreign…