Finance Minister Dr. Cassiel Ato Forson has announced plans to list the National Investment Bank (NIB) on the Ghana Stock Exchange, signaling renewed confidence in the state-owned bank’s stability and prospects.
Delivering the 2025 Mid-Year Budget Review in Parliament, Dr. Forson declared, “NIB is back, NIB is safe, NIB is fully capitalized and sound,” urging Ghanaians to do business with the bank.
The announcement forms part of broader reforms aimed at deepening the financial sector and attracting private capital into state-run institutions.
The move is also expected to promote transparency, improve governance, and boost investor confidence in the bank’s operations.
NIB’s upcoming listing follows ongoing efforts to recapitalize the bank and restructure its portfolio to support industrial and SME development.
The finance minister’s remarks were delivered amid signs of macroeconomic recovery. Inflation has fallen from 23.5% in January to 13.7% by the end of June 2025.
The cedi has also appreciated significantly, and Ghana recorded stronger-than-expected GDP growth of 5.3% in the first quarter.
Non-oil tax revenues exceeded targets by GHS787 million, even as import duties underperformed, highlighting the importance of strengthening domestic financial institutions like NIB to anchor the growth agenda.
