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Emmanuel Cherry

Sep 14, 2026

speaker_3GUEST
15:13
In terms of the banks who are rushing to you now, are they local banks or they are, I mean, foreign banks also
15:20
involved? Yeah, they are a mix of commercial banks.
15:28
So we have the local commercial banks and the foreign banks as well.
15:31
But notable amongst them, Ghana Commercial Bank, GCB, and then the UNB, NIB, and then the Hody College others as well.
15:42
So in fact, we
speaker_3GUEST
16:40
Yes.
16:42
Yeah, they are also there.
16:43
That's FN, how to call it, FN something.
PM Express

PM Express

PM Express

Aug 4 · 1h 5m

speaker_2UNKNOWN
15:42
Yeah
15:42
... and then the UMB, uh, NIB, and then the, what do you call it, uh, others as well.
15:48
So in fact, it's, it's a...
15:50
In fact, we are-
speaker_2UNKNOWN
16:48
Yes.
16:48
Yeah.
16:48
They are also there.
16:49
There's, uh, is it, uh, FN, uh, how do you call it? Uh, uh, FS some- something.
KofiHOST
109:00
Mm
109:00
... especially this type of roads.
109:02
So therefore in the past, you realize that the previous administration keep touting that year of road part one, year of road part two, year of road part three.
109:11
So in the, on the back of that, contractors has gone in there, took, took those contracts, went to the banks, borrowed money against them.
109:20
Unfortunately for us, the government then did not have any, uh, how do you call it? Financial engineering backing those particular agenda.
109:29
So therefore contractors went, raised certificate expecting payment and payment was not forthcoming.
109:34
And that was the challenge that has bedeviled the construction industry.

9 MINS LATER

118:31
Mm
speaker_0HOST
7:27
In terms of the banks who are rushing to you now, are they local banks or they are, I mean, foreign banks also involved?
7:38
Yeah, they are a mix of commercial banks.
7:42
So we have the local commercial banks and the foreign banks as well.
7:46
But notable amongst them Ghana Commercial Bank, GCB, and then the UNB, NIB, and then the, how do you call it, others as well.
7:56
So, in fact, we
speaker_0HOST
8:54
Yes.
8:56
Yeah, they are also there.
8:57
That's FN, how to call it, FN something.

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