Title: Ghana International Bank PLC
1Ghana International Bank PLC
2Ghana International Bank PLC
- Mission Statement
-
- To become Ghanas International Corporate and
Correspondent Bank of choice, provide world class
products and services, exceeding customer
expectations in everything we do, whilst adding
value to our shareholders investment
3Ghana International Bank PLC
- Formed in April 1998 as a U.K. registered PLC to
take over the business of the former London
branch of Ghana Commercial Bank. - Its roots go back to 1959 when the London Branch
of Ghana Commercial Bank was established. - Owned by various government of Ghana agencies,
regulated under U.K. law by the Financial
Services Authority. - Has been at present location since 1959
- To support Ghanas economic development
- Offer correspondent banking services to the
indigenous banks - Repositioned as a Pan African Bank and expanded
footprint to West Africa.
4Ghana International Bank plc
- Ghanas only financial institution in the city.
- Present Finance Minister Dr. K. Duffour a former
CEO of the bank and one of the key people who
transformed the Bank into what it is today. - A window to the outside world for Ghana from a
financial perspective. - Involved in all major financial transactions
concerning Ghana. - We are the bank to talk to when investing in Ghana
5Shareholders
- Bank of Ghana
- GCB
- SSNIT
- ADB
- SIC
6The Bank
- Total assets 350m
- Equity 44m
- Employees 38
- Offices 2
- Approximate, as at 30/04/2009
- London and Accra
7Financial Highlights
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10Products / Services
- Work closely with financial institutions,
corporate and government agencies to deliver
world class international trade and corporate
finance solutions.
11Correspondent Corporate Banking
- Important sector for Ghana International Bank.
- Very well established and broad correspondent
relationships with over 20 banks in Ghana. - Suite of banking products and services tailored
to suit each corporate and correspondents unique
requirements. - Intimate knowledge of Ghanas International trade
needs, local practices and formalities. - Availments, on a bilateral basis, of general
banking lines to support trade finance and
related transactions. - Offer correspondent banking services to other
banks in Africa Sierra Leone, Gambia, Djibouti,
Liberia. - Exposure in Nigeria, Kenya, Ethiopia, Malawi,
Mauritania, Angola, Egypt, Zambia, South Africa
et al
12International Trade Finance
- Ingenuity and flair in tailoring products to meet
the specific requirements of individual
customers. - Experienced trade team with practical knowledge
of the international trade environment Trusted
trade advisors. - Product suite includes
- Confirmation of Letters of Credit
- Collections
- Bonds and Guarantees
- Syndicated trade risk participations
- Discounts
- Personalised trade advisory services.
13International Payments
- Using our network of Major correspondent banks in
all major financial centres around the world - Personalised service to ensure payments are
correctly formatted to achieve straight through
processing, achieving efficiency and minimising
transactions costs - Keen tariff
- Dedicated service - one stop support team
14Treasury Services
- Competitive money market rates for time and call
deposits in all major Currencies (U.S. Dollars,
Pound Sterling and Euro) - State of the art treasury module - FX All to
obtain the best quotes for foreign currency
purchases and sales through a direct feed from
various providers - One stop shop for quotes on money market
placements and foreign exchange trades
15Retail Banking
- Attractive range of Current, Savings and Time
deposit accounts. - Account services available in major currencies
(, ,Euro) - Internet banking option (Virtual banking) to view
and transact over the accounts - Cash Cards with access to over 13,000 HSBC
dedicated ATMs across the U.K. - Plans at an advanced stage to roll out a debit
card MasterCard in June 2009 to replace the cash
card. - Debit card will allow retail customers multiple
channels of access to cash globally - Remittances to friends and family in Ghana and
other African countries
16Internet Banking
- Service Available to both corporate and retail
customers - On line real time access to accounts
- Option to view and transact
- Account history feature for up to 90 days
- Robust, secure system that is constantly updated
to keep pace with the latest technological
developments. - Installation and user support from both the Accra
and London teams. - Visit www.ghanabank.com
17Centre of Excellence
- We aim to share and transfer skills and knowledge
to our valued clients - Training programmes to share best practice
- Attachments in London