The Bank of Ghana has confirmed that two banks UMB and Prudential Bank Ghana remained undercapitalised as of December 2025.
Governor Dr. Johnson Asiamah said measures are underway to ensure the institutions receive the required capital promptly. For UMB, he noted that the recapitalisation timeline has been extended to the end of March 2026 to allow key shareholders, including SSNIT and SIC, to complete their planned capital injections. Discussions are ongoing between the Bank of Ghana and stakeholders such as SSNIT, SIC, and the Ghana Amalgamated Trust.
Regarding Prudential Bank Limited, Dr. Asiamah stated that the government intends to close the bank’s capital shortfall in accordance with the Overarching Restructuring Strategy jointly developed by the government, the Bank of Ghana, and Prudential Bank.
Separately, the Governor highlighted that the Government of Ghana remains the majority shareholder of ADB, holding 88.16% of shares, while the Bank of Ghana holds 9.66%.