Our History: 50 years of experience

In 1959, two years after independence from Britain, Ghana Commercial Bank set up a London branch at Cheapside in the 'City'.  This branch assumed the unique role of financing international trade and acting as a conduit through which funds flowed to and from Ghana until 1998.

Ghana International Bank (GHIB) which was incorporated in 1998 and licensed by the FSA took over the London operations of Ghana Commercial Bank with the latter retaining a 20% ownership of the new bank.  Ownership is now shared with other Ghanaian state institutions.  The central Bank of Ghana is the major shareholder (51%) while other stakes are held by the Social Security and National Insurance Trust (15%), Agricultural Development Bank (9%) and SIC  Insurance Company Limited (5%).

More than 50 years on, GHIB operates out of the same, newly-refurbished premises on Cheapside in the City of London.

GHIB focuses on four key areas: correspondent and corporate banking; treasury services; international trade finance; and transaction services. Its operations are geared to supporting the economies of Ghana in particular and the continent of Africa in general.