The National Investment Bank (NIB) achieved a profit after tax of GHS 343.9 million for the 2025 financial year. This significant financial recovery marks a positive shift for the state-owned institution after facing considerable challenges.
This rebound follows substantial losses, including GHS 613 million in 2022 and GHS 57 million in 2023. The bank's turnaround was supported by a GHS 3.43 billion capital injection from the government, which owns 93 percent of NIB. Operational income increased by over 135 percent, and net interest income grew by 212 percent.
The NIB's recovery reflects broader efforts to stabilise Ghana's banking sector following the ripple effects of the Domestic Debt Exchange Programme (DDEP). The DDEP, coupled with defaults in the bank's construction loan portfolio, pushed NIB into insolvency in 2022. The government's recapitalisation and the bank's strategic adjustments are crucial for maintaining financial stability within the national economy.
Chief Doli-Wura Zakaria, NIB's Managing Director, confirmed the sustained turnaround. He stated, “As at the close of the 2025 financial year, the figures have turned around, a sustained turnaround.” Mr Zakaria also noted the positive trend continued into the first quarter of this year, projecting consistent performance ahead.
The bank's total equity now stands at GHS 1.55 billion, a significant improvement from its previous negative capital adequacy ratio. Total assets expanded to GHS 12.22 billion in 2025, up from GHS 5.84 billion in 2024 and GHS 2.95 billion in 2022. Customer deposits surged from GHS 6.47 billion in 2024 to GHS 10.20 billion in 2025, demonstrating renewed public confidence.
Critically, the Bank of Ghana (BoG) has lifted restrictions on NIB's ability to provide credit. This allows the bank to expand its lending activities into new, lower-risk areas. Chief Finance Officer Mohamed Gausu explained that renewed faith from corporate customers and large depositors underpinned the significant increase in deposits. The bank has also adopted aggressive recovery strategies to reduce its non-performing loan (NPL) ratio, which improved to 69.7 percent in 2025 from 76 percent in 2024. This change is crucial for sustainable future growth.
NIB's return to health will likely bolster confidence in Ghana’s financial services sector. The ability to lend again supports economic activity, particularly in areas identified as low-risk for the bank. Stakeholders will observe how NIB maintains this momentum, especially with its expanded lending capacity and ongoing efforts to manage loan quality. Its performance will be a key indicator of recovery in other state-owned enterprises.