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Development Bank Ghana information


Development Bank Ghana
Company typeParastatal
IndustryFinance Banking
Founded2021; 3 years ago (2021)
HeadquartersAccra Financial Center
Liberia Road, Accra, Ghana
Key people
Yaw Ansu (Chairman)
Kwamina Duker (Chief Executive Officer)
ProductsLoans, equity partnerships, financial advisory services, management services, export/import finance
Total assetsUS$800 million (2022)
OwnerGovernment of Ghana
Number of employees
40 (2022)
WebsiteHomepage

The Development Bank Ghana (DBG) is a government-owned development bank in Ghana. Owned by the government of Ghana, the institution has received grants and loans for on-lending to Ghana's commercial banks, from the African Development Bank, the World Bank Group, the European Investment Bank, and the German Development Bank.[1] The DBG focuses on providing indirect loans to small and medium enterprises (SMEs), with less than 100 employees each.[2][3] A key area of interest in their immediate and long term plans is environment, social and governance focus to help build a sustainable economy in Ghana.[4] Fostering solid collaborations to support growth in the economy, generate jobs, and strengthen the capabilities of SMEs is the goal of DBG. DBG offer de-risking services and long-term funding, supported by technology and research and insights that are founded on solid facts. DBG additionally aims to draw in, nurture, and keep talented individuals. Run as a self-sufficient, eminently successful institution. Last but not least, DBG encourage ESG excellence within the companies we sponsor.[5]

  1. ^ "Bright Simons: A new development bank in Ghana raises old issues". myjoyonline.com. Retrieved 29 September 2023.
  2. ^ Rachel Savage (14 June 2022). "Ghana development bank aims to lend $600 million to small firms over 1-2 years". Reuters.com. London, United Kingdom. Retrieved 17 June 2022.
  3. ^ KfW (15 December 2021). "A new engine for Ghana's economic transformation - the Development Bank Ghana". German Development Bank. Frankfurt, Germany. Retrieved 17 June 2022.
  4. ^ "Sustainability – Development Bank Ghana (DBG)". Retrieved 13 September 2023.
  5. ^ "Who We Are – Development Bank Ghana (DBG)". Retrieved 28 September 2023.

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