GHIB- Ghana International Bank

#GHIBnews #Trdnews #AfricaTrd   More details from our exciting ceremony with ATF Finance Ltd –   #ATF announced the successful arrangement of a $multi-million trade finance facility to Ghana International Bank Plc (GHIB). This was marked by a formal signing ceremony in London. This constitutes the first of a series of trade loans which will form the wider borrowing program of Ghana International Bank.   ATF has a long-standing activity with banks in Ghana and has previously arranged most syndicated loans for the country's major institutions over many years. This new facility signals ATF's renewed confidence in the Ghanaian market and GHIB , and its commitment to supporting the country's economic growth. ATF had paused further financing activities, as Ghana's economy corrected post COVID and the debt crisis.   While four lenders contributed to this first loan, ATF estimates that the facility amount will increase over time as well as the total number of participants.   “We are delighted to have the opportunity to partner with Ghana International Bank on this important transaction," said Christian Karam, Managing Director at ATF Finance. "This facility will provide the Bank with liquidity and enable it to support its clients' trade finance needs. We believe that this transaction will help put Ghana International Bank on the radar of international investors and contribute to the overall development of the Ghanaian economy.’ Mr. Karam further noted, “Ghana International Bank continues to be a critical foreign window for Ghana and other West African markets. GHIB has consistently demonstrated its unwavering commitment to Ghana’s economic growth. Especially during periods of economic turbulence, the Bank has emerged as a principal lender, playing a vital role in facilitating trade finance, a lifeline for the economy. This instrumental role truly deserves recognition and praise.”   Dean Adansi, Chief Executive Officer and Executive Director at GHIB said, ‘GHIB sees the successful completion of this arrangement as a mark of confidence in the Bank and our core markets, especially Ghana. We have leveraged our deep, 65-year heritage of managing risk to continue to deliver growth. This has proven to be systemically critical to West Africa. During the turbulence of COVID and the debt crisis, GHIB stayed true to (especially)the Ghanaian Financial Industry, when other lines closed. GHIB succeeded here because we know the risks in these markets and how to manage these risks. Today, we are seeing growth and confidence steadily return to these markets. This and other lending lines signal confidence in our ability and capacity, and we stand ready to deliver on our vision to be the UK’s most compelling Pan African Trade Bank.’

Global Trade Review (GTR) is the pre-eminent voice of Global Trade Banking and Finance. Since 2002, GTR has led the way in delivering thought leadership, advocacy, and networking to global trade. GHIB is always proud to collaborate and partner with GTR, especially on everything to do with African Trade. GHIB’s Matthew Parris (Head - Trade Sales), Baafuor A. (Divisional Head - Corporate and Institutional Banking), and Anis Ahsan (Head -Trade Finance) activated this partnership further, as they joined over 500 delegates at the GTR Africa London event ( https://lnkd.in/eAYyirBj).   As always, another fantastic and thoroughly useful outing by GTR. ‘Ayekoo’ and here is to the countdown to GTR Africa 2025 ( https://lnkd.in/dTGqBKKX).

#GHIB’s #tradebridges have a catalytic effect in promoting trade and business for enterprises that seek to play on the global stage. GHIB enables this through the work we do with policy organizations (eg. Petroleum Commission, Ghana) and major corporates like Tullow in stimulating local content in their supply chains. In this regard, GHIB’s Coverage Team in Accra ( #GHIBAcc) actively participated in the Tullow Supplier Market Day event held in Accra. GHIB is proud to collaborate with Tullow Ghana to provide the necessary #tradebridges for Ghanaian corporates and financial institutions, as they seek to fulfil critical oil-production operational contracts. Tullow plc structured this  event to connect Tullow’s suppliers with financiers, as well as other players in the ecosystem, to meet Tullow's significant supply chain needs. GHIB projected and outlined our global intermediation capacity here, as regards the window we provide to international finance and global markets, for Ghanaian banks and corporates in this ecosystem. Ayekoo Tullow on a successful event. GHIB continues its commitment to providing efficient and value-delivering global #tradebridges for African corporates, banks and sovereigns.

#GHIBnews #Trdnews #AfricaTrd Photowall from our partnership ceremony with ATF Finance Ltd. Collaborating to ramp up and scale trade finance for Africa. Dean Adansi – Chief Executive Officer, GHIB- Ghana International Bank. Christian Karam – Managing Director, ATF Finance Ltd. Richard Agbenu – Chief Commercial Officer, GHIB- Ghana International Bank. Alexander Cole – Chief Financial Officer, GHIB- Ghana International Bank. Yasmin S. – Senior Associate, ATF Finance Ltd. Matthew Parris – Head, Trade Sales, GHIB- Ghana International Bank. Baafuor A. – Divisional Head, Corporate and Institutional Banking, GHIB- Ghana International Bank.

GHIB is proudly British but always true to our Ghanaian and African heritage. It was an honor to join other members of the UK-Ghana Chamber of Commerce (UKGCC) to engage with the esteemed Governor of the Bank of Ghana, Dr. Ernest Addison. Fantastic conversations as always, and proud to project the value and utility of GHIB #tradebridges in promoting economic activity on the UK-Ghana corridor. Ayekoo UKGCC. Excellent delivery Madam Adjoba Kyiamah and team. Thank you H.E. Harriet Thompson and Dr. Ernest Addison for an insightful session. #GHIB- the UK’s Pan African Trade Bank.

Standard Bank (established in 1862) and GHIB (established in 1959 ) enjoy a deep pedigree and heritage of facilitating trade finance for Africa. #Trade4Africa is based on collaboration, as we work to overcome the $100billion African trade finance gap estimated by the African Development Bank.   #TeamGHIB is thus always excited to huddle with our Standard Bank colleagues. We were honored to host Refilwe Mokate - Head, Africa Banks Client Coverage, CIB, Standard Bank South Africa, YEWANDE ADEDAYO BSC, MBA - Head, Financial Institutions Group Client Coverage, CIB, Stanbic IBTC, and Bright Boateng - Head, Financial Institutions Client Coverage, CIB, Stanbic Bank Ghana at the GHIB office here in Accra. Overall, fascinating discussions to deliver #TradeGrowth for Africa, because we know #Tradelifts.   GHIB- Global tradebridges for Africa, since 1959.   Hueggert Annan Paul Nii-Adom Badger Kojo Arthur Refilwe Mokate YEWANDE ADEDAYO BSC, MBA Bright Boateng

GHIB’s #PlayItRight initiative is a core pillar of our derisking strategy in Africa. GHIB continues to invest heavily in best grade compliance and risk mitigation processes, technology, and culture to assure quality Trade Banking.   #PlayItRight enables outreach of this quality to our partners and clients, ensuring they upskill to best grade compliance and regulatory standards in their operations. Our derisking policy is to build capacity for our partners and clients to enhance their operations to align with globally accepted standards in our evolving landscape.   #PlayItRight’s Correspondent Banking MasterClass rolled out in London from 11th to 13th November 2024. Linus Kumi; Seyome Essie Lawluvi;  Micheal Edem Adotey; Edward Markwei; Stephen Asare; Armoo Benjamin Kyei; Kennedy Akonnor Adu; Akwasi Sarfo; Maud Appiah, CAMS; Isaac Kwarteng Opoku; Adeline Aryee and Benjamin Apetorgbor joined GHIB faculty for practical seminars on world class operational excellence. Topics covered included transaction monitoring, transaction screening, correspondent banking vostro account management, enterprise-wide risk assessments and trade based AML. We were proud to host our partners and clients for deep dive sessions on how to mitigate risk and ensure the highest operational standards always—well done and congratulations, class of 2024. You are now equipped to #PlayItRight.   To find out more about the next #PIR MasterClass, email  customer.services@ghanabank.co.uk Baafuor A. Barbara Nantege Kisolo (MICA) Lina Bryan Rohan Wadke. ICA AML DIP, CAMS Lewis Davison Kofi Bedu-Addo Jamie Stephens Casey Austin Anis Ahsan Sam Reynolds-Boison Olisa N. Peter Maltby CITF CDCS

This week's #Tradeclose entry covers GHIB’s Matthew Parris- Head of Trade Sales and Ebenezer Amarh- Head, Debt Underwriting on their recent Singapore #marketimmersion. This was undertaken with partners including AGTF to explore and strengthen this critical #Tradebridge to this key global trade hub. Singapore is increasingly a key hub in Africa’s International Trade especially, in energy, commodities, and infrastructure. GHIB is focused on leveraging the #poweroflondon to build the necessary #tradebridges to assure smooth trade transactions for and to Africa. During their visit, Matthew and Ebenezer held impactful discussions with key stakeholders, including George Philip and the team from Penguins Shipyard; Anand Patni, CFO and Suraj Gupta, Deputy Finance Manager, Robust International; Ivan Koh, Chief Corporate Finance Officer, and Ryan Seah, General Manager at Strategic Marine. At GHIB, we build relationships incrementally and purposely, meeting by meeting, market by market, bringing our vision to be the most compelling UK #TradeBank, focused on Africa, to life. Here is to our strong Singapore #Tradebridge, delivering value to and for Africa.

This edition of our #tradeclose series spotlights Raymond Sambou as he continues his duty tour of Ghana with critical stops engaging with what we consider to be the important part of our business: Our Clients and Customers. In this regard, The Ghanaian banking industry continues to be a key focus segment for GHIB. Our solutions to Ghanaian Banks includes International Trade Finance, Treasury Options, Global Payments and Correspondent Banking. Thank you Development Bank Ghana (DBG), ADB - Agricultural Development Bank Ghana (ADB), and Fidelity Bank Ghana for hosting us. Great conversations on keeping the #Tradebridges strong and active to drive economic development. #GHIB remains committed to providing the right solutions for you and your downstream customers, on the global stage, as we have done, since 1959. Development Bank Ghana ADB - Agricultural Development Bank Ghana Fidelity Bank Ghana