• Who we are

    Founded in April 1990, Databank's mission is to empower its customers to achieve financial independence by promoting financial literacy and offering a diverse range of investments products. To deliver on our mission, we provide innovative and responsive corporate finance, brokerage, fund management and research services to local and foreign individuals, multinational companies, institutions and portfolio investors for the ECOWAS sub-region. We also assist those who are looking for private equity financing through our private equity group.

    Recent awards

    In November 2015, Databank once again echoed its position as market leader by winning 7 out of 12 awards handed out at the 5th annual Ghana Investment Awards (GIA). The awards included:

    • Equity Fund of the Year (Gold Winner) - for Databank Epack Investment Fund (Epack)
    • Broker-Dealer of the Year (Gold Winner) for the 3rd consecutive year
    • Research House of the Year (Gold Winner)
    • Advertising campaign of the year (Gold Winner) - Databank Educational Investment Fund (EdIFund) Launch
    • Portfolio Manager of the Year - Mr. Nii Ampa Sowa, Portfolio Manager, Epack
    • Lifetime Investment Achievement Award (Mr. Ken Ofori-Atta, co-founder Databank), and
    • Investment Bank of the Year, the highly coveted title, which was awarded for the first time since the GIA began

    Databank currently has 11 branches across the country. The main branches are in Accra (Head office), Tema, Takoradi and Kumasi. There are also 7 partner-locations situated within GTBank branches in Accra, Ashaiman, Cape Coast, Tarkwa and Tamale. Through Databank's partnership with GTBank, the intention is to be in every region in Ghana within the next few years so that we can truly fulfil our mandate of helping Ghanaians achieve financial independence.

  • How We Support SMEs

    Brokerage services
    Databank Brokerage Ltd (DBL) has been influential in the development of the capital markets in Ghana, acting as advisor, placement agent and broker to private clients, government and corporations alike. Databank has maintained a dominant market share of stock market activities on the Ghana Stock Exchange for more than a decade. Through our brokerage wing, investors can tap into fixed-income investments (including treasury bills), trade shares listed on the Ghana Stock Exchange and enjoy corporate finance advisory services.

    Asset management services
    Through Databank Asset Management Services Ltd. (DAMSEL), investors have access to more mutual funds than any other investment bank in Ghana (Epack, MFund, BFund, ArkFund and EdIFund), institutional fund management for corporate, benefit and endowment funds, pension fund management and wealth management services.

    Research services
    Our award-winning Research Department provides institutions and individuals with the latest research on the Ghana Stock Exchange, its listed companies, the Ghanaian economy, and other relevant economic and financial matters.

    A history of firsts
    Databank is known for its pace-setting role in the Ghanaian investment industry. Over the last 26 years, Databank has been involved in numerous ground-breaking transactions that have taken place on the Ghana Stock Exchange (GSE) including advising the Ghanaian government on privatization deals, the private sale of 52% (US$21million) of the Social Security Bank (SSB), the US$25million packaged sale of government interests in seven listed companies; the first tender offer on the Ghana Stock Exchange (Enterprise Insurance Company Ltd); the US$35 million shelf offering of the HFC dollar-indexed bonds, and the first cross-border listing on the Ghana Stock Exchange (Trust Bank Ltd of The Gambia). We were also the sponsoring brokers of the first initial public offering (IPO) to be oversubscribed by 200% (IPO of CAL Bank), the first security to be listed on the Ghana Alternative Market (Bond Programme of Izwe Loans Limited) and the largest corporate bond issue on the GSE (Bayport Financial Services Plc). In the mutual fund space, Databank also launched the first equity fund, money market fund, balanced fund, ethical fund and two-tiered educational fund.

  • Contact Us

    For more information on Databank, please contact:
    Armah I. J. Akotey
    Head of Brokerage, Databank
    T: 0302 610610 x 1700
    E: or