On Wednesday, 19th May 2021, Ghana received one hundred and seventy million euros (€170 million) from the European Investment Bank (EIB) for the establishment of a new national bank, ‘Development Bank Ghana’ (DBG).
DBG is one of the pillars of our GH¢100 billion Ghana CARES ‘Obaatampa’ Project, the programme to revitalise the Ghanaian economy, following the onset of COVID-19. It will stimulate growth in the private sector, and aid in our programme to transform the structure of the Ghanaian economy.
The Minister for Foreign Affairs and Regional Integration, Hon. Shirley Ayorkor Botchwey, signed on behalf of Ghana, with Dr. Werner Hoyer, President of EIB, signing on behalf of the Bank.