An amount USD35 million has been injected into the First National Bank Ghana Limited by its shareholder, Fir­stRand Group.This is contained in a press state­ment issued and signed by the Head, Marketing and Corporate Affairs, First National Bank Gha­na, Delali Dzidzienyo, and copied The Ghanaian Times yesterday.According to the statement, the injection of the amount into the bank, which was undergoing regulatory approval and registration process was as a result of its strong performance in First quarter of 2025.During that period, the statement stated that the bank posted a net profit before tax of GH¢30.68 mil­lion, which was more than double of its earnings for the same period last year and held a Capital Adequa­cy Ratio of 20.88 per cent.The statement also revealed that recapitalisation of the bank would complement its current cap­ital base of GH¢548 million, which already exceeded the Bank of Ghana's regulatory minimum of GH¢400 million.Additionally, it said that the recapitalisation of bank further reinforced its financial position and long-term commitment to the coun­try's economic development.Again, the statement highlighted that the move to inject an amount of USD35 million into the First National Bank Ghana Ltd un­derscored the bank's ambition to become a more meaningful player in the country's financial service sector and support its strategic growth objectives.The Chief Executive Officer (CEO) of First National Bank Ghana Ltd, Mr Warran Adams, said that, "Ghana remains a strategic market for the FirstRand Group.

This additional capital injection is a clear demonstration of the Group's absolute confidence in Ghana, its future prospects, and the soundness of our regulatory environment.""It also reflects our ongoing commitment to supporting the growth and transformation of Ghana's financial services industry," he continued."With this added capital, we are significantly enhancing our capacity to lend more to Ghanaian business­es, large and small, at a time when private sector financing is critical for sustained economic growth.We remain committed to being a trusted financial partner to our clients and to contributing mean­ingfully to Ghana's development agenda," Mr Adams added. BY TIMES REPORTER