First National Bank Ghana Secures $35 Million Injection to Strengthen Lending Power
First National Bank Ghana has received a $35 million capital boost from its parent company, FirstRand Group, positioning the bank to expand its lending operations and deepen market relevance in Ghana’s financial sector.
Damian Owusu 
First National Bank Ghana has received a $35 million capital boost from its parent company, FirstRand Group, positioning the bank to expand its lending operations and deepen market relevance in Ghana’s financial sector.
The investment comes on the heels of the bank’s robust first-quarter performance, with a net profit before tax of GH¢30.68 million—more than double its earnings during the same period last year. This capital injection lifts the bank’s Capital Adequacy Ratio to 20.88%, significantly above the Bank of Ghana’s regulatory minimum. The bank’s current capital base now stands at GH¢548 million.
CEO Warren Adams characterized the move as a strategic reinforcement of the bank’s long-term vision: “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.”
The funding is currently under regulatory review and is expected to accelerate access to credit for sectors that are vital for post-pandemic recovery and entrepreneurship. The bank reaffirmed its commitment to responsible lending and inclusive finance, noting that the added liquidity would enable broader support for SMEs, agribusinesses, and consumer lending.
First National Bank Ghana’s renewed capitalization underscores confidence in Ghana’s regulatory environment and its macroeconomic prospects, especially as the financial sector braces for evolving monetary dynamics and regional market integration.
