NATIONAL INVESTMENT BANK 2013 Annual Report Your Business is Our Business National Investment Bank Limited | 2013 Annual Report
[email protected] 2 www.nib-ghana.com National Investment Bank Limited | 2013 Annual Report CONTENTS Notice and Agenda of Annual General Meeting 04 Corporate Information 05 Chairman’s Statement 07 Managing Director’s Statement 10 Prole of Board of Directors 12 Report of Directors 16 Financial Highlights 17 Independent Auditor’s Report 25 Statement of Comprehensive Income 27 Statement of Financial Position 29 Statement of Changes in Equity 30 Statement of Cash Flows 31 Notes to Financial Statements 63 Proxy Form 99 Head Oce and Branches 102 List of Correspondent Banks 104 Your business is Our Business 3 National Investment Bank Limited | 2013 Annual Report NOTICE AND AGENDA OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 45th Annual General Meeting of the National Investment Bank Limited will be held at the La-Palm Royal Beach Hotel, Accra at 10:00 a.m. on Thursday, 12th June, 2014 to transact the following business: 1. To receive and consider the Financial Statements for the year ended 31st December, 2013, together with the Reports of the Directors and Auditors thereon. 2. To elect / re-elect Directors 3. To approve Directors‘ Fees 4. To authorize the Directors to determine the remuneration of the Auditors. Dated this 12th Day of May, 2014. BY ORDER OF THE BOARD. Frank S. Aidoo Board Secretary NOTE: A member entitled to attend and vote may appoint a proxy who need not be a member of the Bank.