{"id":408395,"date":"2017-08-02T19:06:37","date_gmt":"2017-08-02T19:06:37","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/08\/02\/agi-confident-of-receiving-license-to-operate-industrial-bank\/"},"modified":"2017-08-02T19:06:37","modified_gmt":"2017-08-02T19:06:37","slug":"agi-confident-of-receiving-license-to-operate-industrial-bank","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/08\/02\/agi-confident-of-receiving-license-to-operate-industrial-bank\/","title":{"rendered":"AGI confident of receiving license to operate industrial bank"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Association of Ghana Industries, AGI said it is optimistic that the Bank of Ghana will grant it the license to operate an industrial bank once it finalizes the fund mobilization process.<\/p>\n<p>The Association begun operating the Industrial Fund which it hopes to transform into a bank soon.\u00a0<\/p>\n<p>This is expected to help businesses access credit for their operations.<\/p>\n<p><!-- \/1002554\/Myjoyonline.com_InArticle_300x250 --><\/p>\n<p>President of the AGI, James Asare Adjei spoke to JoyBusiness\u00a0after the release of the second quarter business barometer report.<\/p>\n<p>The report which cites, High electricity Tariff as the topmost challenge of businesses during the second quarter of the year is the statistical mean of Situation and Expectation among the business community.<\/p>\n<p>It also expresses the state of the business confidence as an index.<\/p>\n<p>The Industrial bank when granted the license will be the 36th\u00a0bank in the Ghanaian banking industry.<\/p>\n<p>The move to establish a bank was ignited by the challenge faced by businesses in accessing credit and the high interest rates on lending.<\/p>\n<p>AGI believes this phenomenon will be a thing of the past with the inception of its own bank.<\/p>\n<p>Meanwhile, many businesses still have confidence in the business environment for the next quarter.<\/p>\n<p>\u00a0<\/p>\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Association of Ghana Industries, AGI said it is optimistic that the Bank of Ghana will grant it the license to operate an industrial bank once it finalizes the fund mobilization process. The Association begun operating the Industrial Fund which it hopes to transform into a bank soon.\u00a0 This is expected to help businesses access credit [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":408010,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-408395","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AGI confident of receiving license to operate industrial bank - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/08\/02\/agi-confident-of-receiving-license-to-operate-industrial-bank\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"AGI confident of receiving license to operate industrial bank - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Association of Ghana Industries, AGI said it is optimistic that the Bank of Ghana will grant it the license to operate an industrial bank once it finalizes the fund mobilization process. The Association begun operating the Industrial Fund which it hopes to transform into a bank soon.\u00a0 This is expected to help businesses access credit [&hellip;]\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/02\\\/agi-confident-of-receiving-license-to-operate-industrial-bank\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/02\\\/agi-confident-of-receiving-license-to-operate-industrial-bank\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"AGI confident of receiving license to operate industrial bank\",\"datePublished\":\"2017-08-02T19:06:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/02\\\/agi-confident-of-receiving-license-to-operate-industrial-bank\\\/\"},\"wordCount\":204,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/02\\\/agi-confident-of-receiving-license-to-operate-industrial-bank\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/02\\\/agi-confident-of-receiving-license-to-operate-industrial-bank\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/02\\\/agi-confident-of-receiving-license-to-operate-industrial-bank\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/02\\\/agi-confident-of-receiving-license-to-operate-industrial-bank\\\/\",\"name\":\"AGI confident of receiving license to operate industrial bank - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/02\\\/agi-confident-of-receiving-license-to-operate-industrial-bank\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/02\\\/agi-confident-of-receiving-license-to-operate-industrial-bank\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-08-02T19:06:37+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/02\\\/agi-confident-of-receiving-license-to-operate-industrial-bank\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/02\\\/agi-confident-of-receiving-license-to-operate-industrial-bank\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"AGI confident of receiving license to operate industrial bank - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2017\/08\/02\/agi-confident-of-receiving-license-to-operate-industrial-bank\/","twitter_card":"summary_large_image","twitter_title":"AGI confident of receiving license to operate industrial bank - Ghanamma.com","twitter_description":"Association of Ghana Industries, AGI said it is optimistic that the Bank of Ghana will grant it the license to operate an industrial bank once it finalizes the fund mobilization process. 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