Business

2nd edition of Development Finance Series on DBG slated for July 6

The second edition of the Development Finance Series on the establishment of the Development Bank Ghana (DBG) will come off on Tuesday, July 6, 2021, at the University of Professional Studies, Accra (UPSA).

This follows the highly successful first edition, which focused on the Role of the Development Bank in Ghana’s Economic Transformation.

The theme for the second edition is “The Development Bank as a Catalyst for Long-Term Finance for SMEs” and will seek to address how the yet-to-be-established bank can help reduce the unemployment rate in the country.

The second edition of the dialogue series is powered by the Africa Media Bureau, with Citi TV/Citi FM and the UPSA as partners.

Speakers for the event include Dr. Emmanuel Debrah, a renowned finance lecturer, Ms Abena Amoah, Deputy MD of the Ghana Stock Exchange, Awura Abena Agyeman of Wear Ghana and Sampson Akligoh, Director Financial Sector Division, Ministry of Finance.

The event will be held from 2:30 pm to 4:30 pm at the Accra campus of UPSA and will be moderated by Bernard Avle.

To participate, send a text to WhatsApp number 0549986996

The first edition addressed concerns on how the development bank will enable Ghanaians to access financing to grow their businesses and how businesses position themselves to benefit from the activities of the bank, and how citizens can hold the government accountable to deliver the promised results.

The new National Development Bank or the Development Bank Ghana (DBG) is a wholesale and non-deposit taking bank that will increase access to long-term finance and boost job creation for thousands of businesses in key sectors, including agribusiness, manufacturing, ICT tourism and other services across Ghana.

The Bank is also expected to provide funds to existing commercial banks, and other qualifying financial institutions, to provide long-term lending and other innovative products that are presently lacking in the system.


Source: Ghana Business

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