London-based Ghanaian holding bank, Ghana International Bank, says it is positioning itself to actively participate in the oil and gas business in Ghana. Managing Director of the bank, Mr Joe Mensah, tells Joy Business the bank is even considering leading syndication for oil financing in Ghana. “We think that we are strategically positioned to play a major role as the prime Ghanaian bank in the city of London to lead syndication and other deals, not only in Ghana, but across Africa,” Mr Mensah said. The bank said it is aggressively strengthening its capital base to take up the challenge. Ghana International Bank is jointly owned by Ghana Commercial Bank, Agricultural Development Bank, State Insurance Company, Social Security and National Insurance Trust and the Bank of Ghana which has a 51-percent holding. GIB prides itself as a pan-African bank in the doing business across the Africa. The bank, with assets of over £362 million as at December 2007, serves customers in Africa and other parts of the world. Management of the bank say their operations are geared to support the economies of Ghana in particular and the continent in general. To this end, the bank specializes in linking Ghanaians abroad to Ghana, providing a gateway to the international financial system for African financial institutions and corporations. Play attached audio for voice of Mr Mensah Source: Joy Business/Myjoyonline.com/Ghana