Accra: The National Investment Bank (NIB) has reached a significant milestone in its journey towards profitability and sustainability, as announced by Mr. Cassiel Ato Baah Forson, the Minister of Finance. The bank now boasts a total paid-up capital of GHS3.4 billion and a capital adequacy ratio of 23 percent.

According to Ghana News Agency, the government injected GHS450 million in cash into NIB, issued marketable bonds with a face value of approximately GHS1.5 billion, and transferred GHS500 million of Ghana's shares in Nestle Ghana Limited to the bank. This was part of an ambitious plan by the government to recapitalize NIB into a viable financial institution.

Mr. Forson shared this development during the presentation of the 2025 Mid-year Budget Review in Parliament, Accra. The review was themed 'Resetting the Economy for the Ghana We Want.' The recapitalization efforts have improved NIB's capital adequacy ratio from a negative 53.13 percent at the end of 2024 to a positive 23 percent as of May 2025.

By implementing these measures, the government has preserved depositors' funds valued at GHS6.4 billion, safeguarded over 900 direct jobs at the bank, and maintained the viability of an indigenous Ghanaian bank. Furthermore, the government has outlined a comprehensive plan to enhance board independence, strengthen risk management, promote accountability, prevent insider dominance, and improve strategic decision-making.

The plan aims to strengthen corporate governance frameworks, improve enterprise risk management and controls, and establish a modern business model, with the eventual goal of listing NIB on the Ghana Stock Exchange. Mr. Forson assured Ghanaians and depositors that NIB is now primed for business, emphasizing its liquidity and safety. He encouraged everyone to engage with the revitalized NIB.