Databank Group

Stock performance

History

Databank Group was founded shortly after Ghana's economic liberalization and stock-exchange reforms of the late 1980s and grew into one of the most prominent investment-banking and asset-management firms in the country, playing a significant role in the development of Ghana's capital markets.

Business model

Databank Group provides investment-banking, asset-management, and brokerage services in Ghana, having built one of the country's more established financial-services firms focused on capital-markets activity rather than traditional commercial banking.

Market position

Databank Group is one of the leading investment-banking and asset-management firms in Ghana, holding a prominent position in the development and ongoing activity of the Ghana Stock Exchange.

Country impact

Databank Group has played a significant role in the development of Ghana's capital markets since the country's economic liberalization in the late 1980s, contributing to the growth of the Ghana Stock Exchange as a vehicle for domestic investment.