Gov’t Sets GH¢1bn Recapitalization Plan for ADB and CBG After Boosting NIB
By Praisebell Rosemond Larbi
The government has announced plans to recapitalize the Agricultural Development Bank (ADB) and Consolidated Bank Ghana (CBG) with a combined GH¢1 billion before the end of 2025, in a move expected to strengthen state-owned banks and accelerate economic growth.
The new injection follows the GH¢1.4 billion recapitalization of the National Investment Bank (NIB) earlier this year. Collectively, the recapitalization program forms part of government’s broader strategy to reinforce the financial sector and position state banks as engines of job creation, investment expansion and inclusive development.
Presenting the 2026 Budget Statement to Parliament, Minister of Finance, Dr. Cassiel Ato Forson emphasised that government remains committed to putting real capital behind the private sector while ensuring that state banks are financially strong enough to execute the country’s transformation agenda.
“The government is putting real capital behind the private sector, which is the engine of jobs and growth. In this regard, we have recapitalized the National Investment Bank and will recapitalize the ADB and CBG with GH¢1 billion before end-2025,” Dr. Forson stated.
The recapitalization of NIB earlier this year was designed to stabilize the institution, expand its lending capacity and channel financing into strategic sectors including agriculture, SMEs and infrastructure. With signs of improved operational stability at NIB, expectations are high that similar support for ADB and CBG will unlock affordable credit to productive sectors of the economy.
ADB, which plays a central role in agricultural financing and rural development, has recently recorded improvements in profitability and loan growth, an indication of stronger internal reforms and renewed confidence from the market.
CBG, established in 2018 as part of the financial sector restructuring programme, has since grown to become one of Ghana’s largest banks by branch network. However, operational and governance challenges remain, prompting efforts to strengthen its balance sheet and restore its long-term sustainability.
The planned recapitalization is expected to enhance both banks’ capacity to support government policy priorities highlighted in the 2026 budget, particularly job creation, agricultural value chain development, SME support and the 24-hour economy initiative.
Financial analysts say the move signals government’s intention to reinforce the resilience of the financial sector while transforming state-owned banks into instruments for national development rather than liabilities on the public purse.
