Founder of GN Bank, Papa Kwesi Nduom, has publicly expressed gratitude to President John Dramani Mahama following the restoration of the bank’s licence after nearly seven years of legal battles.

In a Facebook post shared on May 23, 2026, Dr Nduom thanked President Mahama for fulfilling what he described as a campaign promise to restore banks that were “collapsed unjustly.”

“Gratitude (to) H.E. John Dramani Mahama for the promise he made as a presidential candidate to return banks collapsed unjustly,” the post read.

Dr Nduom also praised the current social and economic climate under the Mahama administration, describing it as conducive for business recovery and growth.

“And for creating an enabling and positive social and economic environment in the country,” he added.

The comments come just two days after the restoration of GN Bank’s licence on May 21, 2026, marking a significant development in one of Ghana’s most controversial banking sector cases.

GN Bank was among several financial institutions affected during Ghana’s banking sector cleanup exercise, which led to the revocation of licences of multiple banks and savings institutions.

'Time to fix what's broken' - Papa Kwesi Nduom reacts after GN Bank verdict

The restoration of the bank’s licence has generated widespread public discussion, with supporters of Dr Nduom describing it as a victory after years of legal and financial struggles.

Following the court ruling, Nduom described the seven-year period as extremely difficult for himself, his employees, and loyal supporters of the bank.

He also hinted that there were many untold details surrounding the revocation saga which he may address at an appropriate time.

GN bank was one of many banks that were affected by a cleanup up of the banking sector in 2019 during the tenure of the erstwhile Akufo Addo administration.

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