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Nothing about merger has come to us officially – NIB
Ghatof March 9, 2017

Nothing about merger has come to us officially – NIB

National Investment Bank has ruled out any plan to merge with the Agricultural Development Bank (ADB).

“Nothing about a merger or otherwise has come to us officially,” Board Chairman of NIB, Togbe Afede said.

Speaking to JoyBusiness at the 55th-anniversary celebration of NIB, he said, “What we are aware of is the government’s desire to see NIB return to its core mandate which will mean supporting industry; supporting 1D1F so that our industrial sector can lead the growth of the Ghanaian economy.

We are doing our work with the sole objective of positioning NIB to be a strong bank that will fulfil its original mandate of helping to create industries as a way of promoting an industrial sector growth that will help the growth of the entire economy,” he said.

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