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Stability is vital to investment boost- VP Boakai

Jacob N. Parley/Joseph T. Koon
Vice President, Joseph Boaka
Vice President, Joseph Boaka

MONROVIA, LIBERIA-Vice President, Joseph Boakai, has pledged government’s support to corporate institutions to boost investment opportunities in Liberia.

Vice President Boakai said government would ensure that a stable environment is created to attract investments into the country.

He said Liberia has gained increasing confidence from international partners as evidenced by the influx of entrepreneurs to invest in the Liberian economy

The Liberian Vice President made the statement Thursday, June 9, 2015 at the formal launch of the Ghana-Based G.N. Bank at the Monrovia City Hall.

Vice President Boakai said: “Liberia has never run out of banking services, neither has it ever failed to find solution to such problem. “I commend the Management of the G. N. Bank for its decision to invest in the banking sector of Liberia,” he noted.

He assured the new financial institution, Groupe Nduom of government’s preparedness of maintaining the stability of the country despite the advancing stages of UNMIL’s drawdown plan.

For his part, the President of the Groupe Nduom Bank, Papa Kwesi Nduom, said the bank is in Liberia to invest in the banking sector. Mr. Nduom said: “The G.N. Bank is in Liberia to stay and would demonstrate such commitment by building its own structures in the country.”

“GN Bank will deliver the same progress and innovations that have made it the largest single retailer bank in Ghana, with two hundred and sixty locations,” he emphasized.

He commended the Liberian Government for providing the enabling environment for investors, including G.N Bank and promised to decentralize its services nation-wide.

 


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