• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

First National Bank Ghana Receives $35 Million Capital Injection to Accelerate Growth and Lending Capacity 

2 months ago
in Features, highlights, Home, home-news, latest News
1 min read
0 0
0
77
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

First National Bank Ghana Receives $35 Million Capital Injection to Accelerate Growth and Lending Capacity 

First National Bank Ghana Ltd. has announced that its shareholder,  FirstRand Group has injected an additional USD35 million into the bank, further reinforcing the bank’s financial position and its long-term commitment to Ghana’s economic development.

This additional capital injection, which is undergoing regulatory approval and registration processes, comes on the back of a strong Q1 2025 performance where the bank posted a net profit before tax of GHS 30.68 million,  more than double its earnings for the same period last year and holds a healthy 20.88% Capital Adequacy  Ratio, well above the regulatory requirement. 

The USD35 million will complement the bank’s current capital base of GHS 548 million, which already exceeds the Bank of Ghana’s regulatory minimum of GHS 400 million. The move underscores the bank’s ambition to become a more meaningful player in Ghana’s financial services sector and supports its strategic growth objectives.  

Warren Adams, CEO, First National Bank Ghana
Warren Adams, CEO, First National Bank Ghana

Commenting on the development, the Chief Executive Officer of First National Bank Ghana, Warren Adams stated 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.” 

“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.” 

The bank’s recent financial results and capital reinforcement signal clear momentum in its strategic focus on franchise growth, capital efficiency ,and cost control. The additional capital will further enable First National Bank Ghana to scale up lending, deepen its market relevance, and support national efforts towards inclusive economic growth.

RelatedPosts

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

Tags: $35 Million Capital InjectionFirst National Bank GhanaFirst National Bank Ghana Receives $35 Million Capital Injection to Accelerate Growth and Lending Capacity

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

Trending

Features

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

MTN Nigeria Now the Most Capitalized Stock in Nigeria MTN Nigeria has surged to become the most...

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

US Companies Cut Investments in China to Record Lows, Here’s Why

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.