Banks

Speaking at the inauguration of a nine member Board of the Ghana Exim bank at the Ministry on Finance on Tuesday August 1st, the Deputy Finance Minister, Hon. Kweku Kwarteng, has charged the Ghana Exim Bank to pursue pragmatic policies and programs in order to increase Ghana’s export revenue and improve the Balance of Trade.

According to him, the Exim Bank among others, is set to support local producers with the necessary financial and technical expertise to position them favourably by competing with their foreign counterparts.

“The focus of the bank should also be geared at assisting Small and Medium Businesses to be financially strong to expand their production levels to meet both local and foreign demands,” Hon. Kwarteng added.

He said, this is to enabling government to attain its targeted areas of concerns like the One District – One Factory policy and as well as the planting for food and jobs programs.

The members of the Board includes CEO of Eximbank, Mr. Lawrence Agyinsam, Mr. Ofosu A. Tetteh Kujorjie of the Ministry of Finance, Deputy Trade and Industry Minister Robert Ahomka Lindsay, Second Deputy Governor of the Bank of Ghana Dr. Johnson P. Asiama, Mr. Akilu Sayibu of the Ghana Export Promotion Authority (GEPA), Nana Appiagyei Dankawoso I, who is also representing the Private Sector Industry ssociations, Mr. Peter Kwame Abrebese (President’s Nominee) and the only female amongst them, Madam Catherine Quaidoo, also President’s Nominee.

The deputy minister reminded the Board chaired by the President’s nominee, Mr. Kwadwo Boateng Genfi that, the president and the whole Nation is expecting them to provide requisite leadership with excellent and uprightness.

By:Sammy Adjei/Newsghana.com.gh