National Investment Bank Job Vacancies
Welcome to the NIB Career Hub, the gateway to your career with our esteem bank. We are continously recruiting a team of “new generation” individuals to turn our vision into reality. If you consider yourself as such and have yet to register onto the Hub, we encourage you to do so now.
Once registered, go through the available vacancies (if any) or check frequently for the latest posted job opportunities.
- Please do not respond to emails that originate from any address that is not @nib-ghana.com.
- Only shortlisted candidates will be contacted.
We are committed to a transparent recruitment process. No agents have been appointed to conduct recruitments on our behalf. If any person approaches you to demand cash or any other considerations as part of the recruitment process, please alert us immediately by sending a mail to email@example.com.
The history of the Bank can be traced to the end of the Second World War (WWII). Agitations from the indigenes against foreign imports led to a general boycott by the local population led by the Association of West African Merchants (AWAM). The colonial administration decided to establish an entity that would facilitate the involvement of private indigenous persons in business. The Gold Coast Industrial Development Corporation (GCIDC) was therefore established in 1952 with budgetary appropriations to enable it provide financial support to the indigenes for the establishment of their own businesses.
The Gold Coast Industrial Development Corporation (GCIDC), encouraged entrepreneurship among the indigenes in the areas of furniture making and baking. This intervention helped develop the skills of the local carpenters and bakers in the use of mechanized saw mills as well as electric bakeries. GCIDC also upgraded the skills of people who were washing garments, etc manually by mechanizing laundry activity considering that the Gold Coast intelligentsia were shipping their suits to the United Kingdom for laundry.
Purpose and Role
After independence, the GCIDC became known as the Ghana Industrial Development Corporation (GIDC) with the Government of Ghana as the controlling body. The government transformed the GIDC into the National Investment Bank (NIB) by an act of Parliament (Act 163). The NIB was incorporated as an autonomous joint state-private institution on March 22, 1963. It was established primarily to promote and strengthen rapid industrialization in all sectors of the Ghanaian economy. NIB was therefore the first development bank in Ghana.
NIB Now !
Currently, 70% of the Bank’s portfolio is made up of loans to the Ghanaian private sector. NIB is a major lender to the Manufacturing, Building and Construction and Agro-processing sectors as well as the service industry.
NIB now operates as a Universal Bank focusing on development/commercial banking activities. The Bank has undergone management, institutional and financial restructuring, which has strengthened the organization. It now, has 49 Branches and 3 Agencies nationwide.
NIB previously participated in foreign lines of credit, which were administered by the Bank of Ghana to meet Term Loan and Working Capital needs of the Bank’s customers.