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Ghana's National Investment Bank to be Listed on Ghana Stock Exchange

Strategic Insights

— 1 min read

The Ghanaian government has plans to list the National Investment Bank (NIB) on the Ghana Stock Exchange, as announced by the Minister of Finance, Dr Cassiel Ato Forson. The move comes after the government strengthened the bank by injecting GHS450 million in cash, issuing bonds worth GHS1.5 billion, and handing over GHS500 million worth of government shares in Nestle Ghana to the bank. These efforts have improved the bank's financial performance and preserved depositor's funds valued at GHS6.4 billion, saving over 900 direct jobs.

Key Takeaways:

  • The Ghanaian government plans to list the National Investment Bank (NIB) on the Ghana Stock Exchange in the future, making it possible for Ghanaians to buy shares in the bank.
  • The government has injected GHS450 million in cash and issued bonds worth GHS1.5 billion to strengthen the bank.
  • The government has handed over GHS500 million worth of government shares in Nestle Ghana to the bank.
  • The bank's Capital Adequacy Ratio has improved from a negative 53.13% at the end of 2024 to a positive 23% by May 2025.
  • The government has protected GHS6.4 billion in depositor funds and saved over 900 jobs at the National Investment Bank (NIB).
  • A new plan has been developed to make the bank profitable and stable in the long term by improving its management and control systems, introducing a modern way of doing business, and boosting financial performance.
  • The plan aims to strengthen the bank's board, management, and systems for managing risk, and ensure greater transparency.

Statistics:

  • GHS450 million: The amount of cash injected into the bank by the government.
  • GHS1.5 billion: The value of bonds issued to strengthen the bank.
  • GHS500 million: The value of government shares in Nestle Ghana handed over to the bank.
  • GHS6.4 billion: The amount of depositor funds protected by the government.
  • 900: The number of jobs saved at the National Investment Bank (NIB).
  • -53.13%: The bank's Capital Adequacy Ratio at the end of 2024.
  • 23%: The bank's Capital Adequacy Ratio by May 2025.

Sources:

  • Ghana Web: "Minister of Finance, Dr. Cassiel Ato Forson outlines plans to strengthen National Investment Bank" (no date).

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