Eximbank of Ghana
Last updated on 18 Feb 2024

Key facts


Eximbank of Ghana aims to facilitate the transformation of the country's economy into an exporting one by supporting and developing trade between Ghana and other countries, as well as overseas investments by Ghanaian companies.

Africa Trade House, Ambassadorial Enclave
Liberia Road
Accra
Ghana

+45 0302-234668

www.eximbankghana.com
PUBLIC
2016
Credit rating (sovereign) (Fitch)
RD
CCC
Foreign currency
Local currency

Berne Union

Country trade data


2021 top export sectors

Precious metals
38%
Mineral products
30%
Food products
19%
Vegetable products
5%
Metals
2%

2019 export destinations

Asia

44 %

Europe

33 %

Africa

17 %

Americas

6 %

Products


  • Provided to support businesses with appropriate access to finance at the manufacturing stage for the purchase of raw materials and other inputs; also available for the purchase of raw materials/inputs for export
  • Short-term, bridge loan, import finance, and warehouse financing
  • Aims to bridge the gap between production costs and export sales receipts, allowing a business to accelerate cash flow and shorten operating cycles
  • Export receivables finance, buyer credit, and bills discounting
  • Usually carry an undertaking on the part of the bank that if the customer defaults on the underlying transaction, the beneficiary will be refunded or compensated by the bank to the extent of its undertaking upon the presentation of pre-determined documents
  • Supplier credit guarantee, L/C, and loan guarantee
  • Aims to provide medium- and long-term finance to exporters for setting up new export projects, revitalization, acquisition, and expansion of farms/plantations for the production and processing of exportable goods, and acquisition of machinery, spare parts, and packaging materials for the manufacture of exportable goods
  • Term loans to Ghanaian companies for investments of Ghanaian companies abroad
  • Modalities:
    • Equity finance
    • Working capital finance
  • Borrowers must prove exports from Ghana and provide adequate security
  • Export advisory services: Information, advisory and support services, which enable exporters to evaluate international risks, exploit export opportunities and improve competitiveness

Policies


  • Eximbank of Ghana’s strategy is aligned with the government’s agenda for industrialization and support for the private sector with initiatives such as One District One Factory (1D1F), aimed at the socio-economic development of the country
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