The Minister of Finance, Dr Cassiel Ato Forson, has announced that the government has decided to recapitalise the National Investment Bank (NIB).

This comes at a time when the International Monetary Fund (IMF) has noted that Ghanaian authorities have intensified efforts to address undercapitalised banks.

Speaking at the inauguration of a nine-member Board of Directors for the NIB on Wednesday, July 9, 2025, Dr Ato Forson stated that comprehensive details of the bank's recapitalisation plan will be unveiled during the upcoming mid-year budget review in Parliament.

“Today, I had the honour of inaugurating the new 9-member Board of Directors for the National Investment Bank (NIB). Under this new leadership, NIB will operate with the independence and professionalism it deserves. I am pleased to announce that the government has made a bold decision to recapitalise NIB," he stated.

He added that strengthening Ghana’s financial sector requires the full implementation of strategic reforms, including measures to support state-owned banks.

"Strengthening Ghana's financial sector requires full implementation plan such as the government's move to finalise reform strategy to support state-owned banks and develop contingency plans to address weak banks that fail to recapitalize.

“Stepped-up efforts to improve the crisis management and resolution framework, enhance financial-sector safety nets, and address legacy issues at the specialised deposit-taking institutions are also important,” he said.

Today, I had the honour of inaugurating the new 9-member Board of Directors for the National Investment Bank (NIB).

Under this new leadership, NIB will operate with the independence and professionalism it deserves.

I am pleased to announce that the government has made a bold… pic.twitter.com/6KF43srn39

— Cassiel Ato Forson (PhD) (@Cassielforson) July 9, 2025