banks_in_ghana_2019
Banks in Ghana


The Bank of Ghana will in the coming days officially announce the banks that have successfully met the GH₵400 million minimum capital requirement for 2019.

Ahead of the much-awaited announcement, sources say the government is set to announce a GHS2 billion bailout package for some six indigenous banks to enable them to meet the Bank of Ghana’s the GH₵400 million minimum capital requirement.

According to sources, GHS2 billion bailout package was hurriedly put together for the six banks, which are seen as well-governed, solvent but unable to meet the BoG’s GHS400 million new minimum capital for banks on their own.

Another source said it foresaw the number of beneficiary banks increasing to about eight as more indigenous banks come forward for the support.


However, below is the list of successfully recapitalised banks in Ghana

  1. Access Bank Ghana Limited
  2. Barclays Bank Ghana Limited
  3. CAL Bank Limited
  4. Consolidated Bank
  5. Ecobank Ghana Limited
  6. FBNBank Ghana Limited
  7. Fidelity Bank Limited
  8. First National Bank Ghana Limited (FNB)
  9. Republic Bank Ghana Limited
  10. GCB Bank Limited
  11. Guaranty Trust Bank Ghana Limited (GTBank)
  12. Society Generale Ghana Limited
  13. Stanbic Bank Ghana Limited
  14. Standard Chartered Bank Ghana
  15. United Bank for Africa Ghana Limited (UBA)
  16. Zenith Bank Ghana Limited
    Not recapitalised but being supported
  17. ADB Bank
  18. National Investment Bank (NIB)
  19. Prudential Bank
  20. Universal Merchant Bank Limited (UMB)
  21. Heritage Bank Limited
  22. OmniBank Limited
    Ongoing mergers
  23. Energy Commercial Bank Ghana Limited and First Atlantic Bank Limited
  24. OmniBank and Sahel Sahara Bank
    Ongoing takeovers
    First National Bank Ghana Limited (FNB) takes over GHL Bank
    Voluntary liquidation
    Bank of Baroda (customers absorbed seamlessly by Stanbic Bank Ghana Limited)
    Not recapitalised but no credible news yet
  25. Bank of Africa Ghana (BoA) Limited
  26. GN Bank Limited
  27. Premium Bank Limited