DATABANK TO GO OIL

The Executive Director of Databank Financial Services, David Ogbarmey Tetteh has hinted that his outfit would create new financial needs to meet investment in the oil industry.
He explains that there are great opportunities in the new sector hence the decision to verge into the industry. He added that very soon Databank will introduce new products for investment in the oil industry
With the commencement of oil drilling in December 2010, David Tetteh says Ghana’s Economy will project by 12 per cent which will be fuelled by the Oil and the agric industry.

Meanwhile, the Executive Chairman of Databank Financial Services, Ken Ofori Atta has hinted that public expenditure will increase ahead of the Presidential and Parliamentary elections next year.
He explains that he expects the Hospitality, financial and the construction sector to grow from the Oil find.
End.