Contributions to Industry
Since National Investment Bank Limited was established primarily to promote and strengthen rapid industrialization in all sectors of the Ghanaian economy; the Bank has two distinct operations, the Development Banking Division and the Banking Operation Division.

NIB Ltd. provides financial assistance and the Bank’s services are made available to all deserving enterprises in both the private and public sectors covering agriculture, forestry and fishing, mining and quarrying, manufacturing, construction, commerce & finance, transport, storage & communication.

Recently, the Bank took delivery of 197 road construction equipment, including loaders, excavators and graders. This was aimed at enhancing the capacity of the local contractors to enable them to execute jobs effectively. This would also enable them to compete with foreign contractors.

The equipment was procured by the National Investment Bank (NIB) from the Volvo Company in Sweden with a loan from the Swedish Export Development Agency (SEDA). The beneficiary contractors are all customers of the NIB and will pay to the bank the cost of the equipment within four years.

To encourage growth in the agro-processing industry, aside lending to the industry,  we sponsored an award scheme for the Best Agri-Business & Agro-Based Industry at the Indutech 2005 Awards.

Awards
1. The Bank has won the award for the Best Bank at the Indutech 2005 Awards in recognition of its support to industry.
2. National Investment Bank Ltd. also won the 2003 Award for the Best Bank in Long Term Loan Financing at the Ghana Banking Awards.
3. In 2004, NIB again won the Best Bank during the Ashanti Financial Services Award.
4. Our most recent award is at the 2004 Banking Awards where we picked up the Most Socially Responsible Bank of the Year.

Contribution To State Of Ghana
Instructively, NIB Ltd. is the biggest provider of medium and long-term loans in addition to working capital.   The NIB Ltd. also has a vast experience in the management of funds.  Using its leading position and knowledge in the capital finance market and its close relations with the world's reputable credit agencies, NIB has been a market leader in arranging and providing funds from various sources for onlending.

The Bank has also managed a number of funds on behalf of the Government of Ghana.  The Timber Sector Rehabilitation Project is the most important Fund managed by the Bank on behalf of the Government under the Economic Recovery Programme.  The objective was to provide foreign exchange funding to timber companies to enable them purchase timber equipment, vehicles & spares and raw materials for the rehabilitation and reactivation of dwindling and idle capacities.

NIB Ltd. participates in foreign lines of credit being administered by Bank of Ghana including Fund for Small and Medium Enterprise Development (FUSMED) and Private Enterprise and Export Development (PEED) Project to meet term loan and working capital needs of the Bank's customers.  The Bank is also one of the designated financial institutions which sources funds from the Export Development and Investment Fund (EDIF) for onlending to exporters as Term and Working capital loans. 

Potential For Private Investment
NIB Ltd.  has therefore played a leading role in developing a number of highly successful industrial projects in Ghana, through debt financing and equity investment in blue chips companies such as Nestle Ghana Ltd., Nexans Kabelmetal (Ghana) Totalfina ELF (Ghana Ltd.) and Novotel.