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Gov’t has recapitalised banks, restored confidence in financial sector – Ato Forson

By GhanaSummary Newsroom1 min read
Gov’t has recapitalised banks, restored confidence in financial sector – Ato Forson

The Finance Minister also announced that the Ghana Amalgamated Trust (GAT) had completed the full recapitalisation of UMB Bank, while Prudential Bank had been fully capitalised through a private sector-led approach.

Presenting the 2026 Mid-Year Budget Review in Parliament, Dr Forson said the government fully recapitalised the National Investment Bank, the Agricultural Development Bank and Consolidated Bank Ghana in July 2025 as part of efforts to stabilise the banking sector.

The Finance Minister also addressed the impact of the 2023 Domestic Debt Exchange Programme (DDEP) on the Bank of Ghana’s financial position.

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