Government Revives NIB with $250 Million Capital Boost
The government of Ghana has breathed new life into the struggling National Investment Bank (NIB) with a $250 million (GH¢2.45 billion) capital injection, lifting the bank from the brink of collapse.
Between 2024 and May 2025, NIB’s capital adequacy ratio surged from a worrying -53.13% to a healthy 23%, following a series of decisive interventions by the Finance Ministry. These included GH¢450 million in cash support, GH¢500 million worth of Nestlé Ghana shares, and GH¢1.5 billion in bonds.
The bailout helped secure GH¢6.4 billion in customer deposits and safeguarded over 900 jobs. As part of its long-term revival, the bank will undergo governance reforms and prepare for a public listing on the Ghana Stock Exchange.
Finance Minister Dr. Cassiel Ato Forson emphasized that this targeted rescue was in stark contrast to the previous administration’s GH¢30.3 billion financial sector clean-up, which he said ultimately left NIB insolvent. With GH¢3.4 billion in paid-up capital, the bank is now described as “liquid and safe.”
