First Atlantic Bank has formally begun the process to transition into a publicly listed company, a move the institution describes as a major step toward strengthening its governance structure and long-term growth strategy.

The Board Chairman, Mr Amarquaye Armah, confirmed the development in a statement, describing the decision as timely and aligned with the bank’s broader vision.

“The commencement of our journey toward becoming a publicly listed institution is a bold and strategic step for the Bank,” he said. “It reinforces our commitment to strong governance, sustainable value creation, and the pursuit of growth opportunities that will benefit our customers, shareholders, and communities.”

The move comes at a time when Ghana’s financial sector continues to push for greater transparency, capital strengthening, and improved investor confidence following years of sector reforms.

Analysts say listing on the Ghana Stock Exchange requires strict compliance and reporting standards, a transition that could position the bank more competitively.

First Atlantic Bank says it will provide regular updates as the process unfolds in the coming weeks, encouraging customers, investors, and the general public to follow its official communication channels for verified information.

The Bank reaffirmed its commitment to innovation and financial inclusion, noting that becoming a publicly listed company forms part of a broader plan to contribute more meaningfully to Ghana’s economic development.

According to the statement, First Atlantic Bank remains focused on maintaining its identity as a “refreshingly different” institution while expanding opportunities for public participation through shareholding