Taskforce to work on institution of Exim Financial institution

Enterprise Information of Wednesday, eleven February 2015

Supply: B&FT


President John Dramani Mahama has arrange a taskforce to work on establishing a Ghana Exim Financial institution.

The taskforce, which shall be chaired by Chair of the ECOBANK Board of Administrators, Lionel Van Lare Dosoo, additionally consists of the Managing Director of GCB Restricted Simon Dornoo and Steve Williams, a banker.

Authorities introduced plans to arrange a Ghana Export-Import Financial institution in its 2015 Price range and Monetary Estimates as a step towards strategically positioning Ghana as an export-led financial system.

The Ghana Exim Financial institution shall be a car for consolidating present export finance actions of the Export Improvement and Agricultural Funding Fund (EDAIF), Eximguaranty Firm and Export Finance Firm.

In response to a press release signed by the Chief of Employees, Prosper Bani, the taskforce will even have representatives from a variety of establishments together with the Affiliation of Ghana Industries, Export Finance Firm, Eximguaranty Firm, Ghana Export Promotion Authority, EDAIF and the Federation of Ghanaian Exporters.

Others are the Financial institution of Ghana, Ministry of Commerce and Business, Ministry of Finance and the Lawyer-Basic’s Division.