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Ghana Export-Import Bank Act, 2016 (Act 911).

Country/Territory
Ghana
Document type
Legislation
Date
2016
Source
FAO, FAOLEX
Long title
An Act to establish the Ghana Export-Import Bank and to provide for related matters.
Subject
General
Keyword
Credit Financing Fiscal and market measures Institution Internal trade International trade
Geographical area
Africa, North Atlantic, Western Africa
Abstract

This Bank is established in order to support and develop directly or indirectly trade between Ghana and other countries, and build Ghana's capacity and competitiveness in the international market-place. Article 3 lays out functions of the Bank to achieve its objectives. The Bank is independent in the performance of its functions and is not subject to the regulatory and supervisory control of the Bank of Ghana or to the Banking Act, 2004 (Act 673). The Act provides on the governing body of the Bank, duties and responsibilities of the Board, audit committee, head office and branches, conduct of financial transactions and activities, reserve fund, and liquidation of the Bank. The Act consists of 39 Articles.

Full text
English