2025 Budget: NIB, ADB need GH¢2.2bn to fully capitalise – Finance Minister

Finance Minister Dr. Cassiel Ato Forson has revealed that state-owned banks ADB and NIB require a GH₵2.2 billion capital injection to sustain operations.

Presenting the 2025 Budget on March 11, he noted that the financial sector is still recovering from the domestic debt exchange program, which led to significant losses.

He stated that GH₵10.45 billion is needed to address the remaining financial sector challenges and risks. Despite spending GH₵30.3 billion on financial sector clean-up by 2024, including GH₵26.9 billion for banks, savings and loans firms, microfinance institutions, and asset management companies, the sector continues to struggle.

Dr. Forson assured that the government remains committed to strengthening banks and resolving financial sector issues to support economic growth.