National Investment Bank of Ghana Receives $2.56 Million Microfinance Investment Loan from Oikocredit

Oikocredit recently extended a six year, EUR 2 million (US$ 2.56 million) loan to Ghana’s National Investment Bank (NIB). Established in 1963, NIB is involved in both development and commercial banking. According to their 2005 Financial Highlights, the Bank had $210 million in total assets, with $132 million in gross loans.

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