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Dagbon development fund receives GH¢200k boost from Stanbic Bank

byMohammed Aminu M. Alabira
May 13, 2026
Reading Time: 1 min read
Kwamina Asomaning  Chief Executive of Stanbic Bank Ghana

Kwamina Asomaning Chief Executive of Stanbic Bank Ghana

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Stanbic Bank Ghana has donated GH¢200,000 to support the reconstruction of the Dagbon Development Fund, which is currently working on the redevelopment of the Gbewaa Palace in Yendi.

The financial support forms part of the bank’s efforts to deepen its relationship with the Dagbon Traditional Area while contributing to ongoing development projects within the kingdom.

Presenting the cheque to the Overlord of Dagbon, Ndan Ya Naa Mahama Abukari II, the Chief Executive Officer of Stanbic Bank commended the traditional authority for the steady progress recorded under his leadership. He also highlighted the peace, stability, and development being experienced in the area.

“We are happy as Stanbic to be part of this. We applaud the Ya Naa for the progress, peace, and development that he has brought to the town.”

He expressed admiration for the ongoing reconstruction of the Gbewaa Palace and assured the Ya Naa of the bank’s continued commitment to supporting the project and other development initiatives in the traditional area.

On his part, the Overlord of Dagbon, Ya Naa Mahama Abukari II, expressed gratitude to Stanbic Bank for the support, noting the longstanding relationship between the Dagbon Kingdom and the financial institution.

He further acknowledged that the presence and operations of the bank within the kingdom have contributed significantly to improving the economic well-being of residents.

Tags: DagbonGbewaa PalaceGhana NewsStanbic Bank
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