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Ghana International Bank aims to deepen ties with Asian investors

By GhanaSummary Newsroom1 min read
Ghana International Bank aims to deepen ties with Asian investors

Ghana International Bank (GHIB) is looking to attract more capital from Asia, betting that the region will become an increasingly important source of financing for Africa's growth, Chief Executive Officer Ian Greenstreet said.

The London-based bank, majority-owned by ​Ghana's central bank, serves as a ​bridge between African markets and the global financial ‌system ⁠through corporate and institutional banking, trade financing and treasury services While the Ghana Cocoa Board's domestic debt issuance this month ​marked a ​shift ⁠away from the decades-old syndicated loan arrangement with international banks ​that it had traditionally relied ​on, ⁠Greenstreet said there was still a place for international capital The bank plans ⁠to ​scale up financing for ​crops beyond cocoa across Africa, such asIan Greenstreet, CEO of Ghana International Bank.

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