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Cultivating A Thriving Private Sector With A GHS 623M Lending Boost in 2023

DBG Wrapped 2023

In the past year, Development Bank Ghana (DBG) has partnered with its Participating Financial Institutions (PFIs) to disburse GHS 623 million into the private sector. Our key highlights in 2023, captured in our year-end wrapped video, reflect our unwavering dedication to empowering businesses and stimulating development.

Our commitment to extending financial and non-financial support to underserved local businesses and MSMEs has been at the forefront of our operations. Through this, we’ve fostered job creation and spurred business expansion across key sectors.

The expansion of our partnership network to ten Participating Financial Institutions (PFIs), including the addition of three micro-finance institutions, has allowed us to amplify our reach and impact. This strategic move has enabled us to provide robust support to segments often marginalized in the financial landscape, underscoring our commitment to inclusive growth.

Capacity building remains a cornerstone of our mission. In collaboration with partners like the Ghana Incentive-Based Risk Sharing System for Agricultural Lending (GIRSAL) among others, we’ve equipped 9,729 SMEs with the tools to enhance their financial management and market access. The success of our Ghana Integrated Financial Ecosystem (GIFE) program further highlights our innovative approach to financial inclusion and economic acceleration.

As we move forward, DBG remains resolute in our vision to accelerate inclusive and sustainable economic transformation by fostering the growth of the competitive private sector.

Check out our 2023 journey and see the collective impact of our efforts.


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