Audio By Carbonatix
Ghana's Minister for Finance and current Chair of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID), has announced that the bank delivered a strong financial performance in 2025 despite a challenging global economic environment.
Speaking at the 24th Ordinary Session of the Board of Governors in Accra, he said the bank showed resilience and strategic clarity.
Dr Forson explained that global economic conditions were difficult, noting that “the global economy in 2025 navigated a landscape marked by what some have termed the ‘Great Wedge’,” which he described as “a profound divergence in growth dynamics.” He added that this created “a ‘steady but narrow’ global growth path, the benefits of which were unevenly distributed.”
Despite these challenges, the bank recorded strong financial gains. “Financially, the bank delivered strong and sustained growth,” he said, revealing that “the balance sheet expanded from US$1.97 billion in 2024 to US$2.39 billion as at end 2025.” He further noted that “profitability also strengthened, rising from US$8.55 million to US$9.75 million in 2025.”
The Finance Minister attributed the performance to strong leadership and governance, stating that “the performance is a testament to the strong and effective oversight of this Board, as well as the dedication and professionalism of the Management and staff.”
He also praised the President of the bank, Dr George Agyekum Donkor and his team for their role.
Dr Forson emphasised that the bank’s success reinforces its regional importance, stressing that “with resilience and strategic clarity, this Bank strengthened its role as a driver of regional development.”
Latest Stories
-
Consumer, business sentiments positive – BoG
37 seconds -
There’ll be no GHS500 Cedi note as part of Heritage Series issuance – BoG
18 minutes -
Heritage Series Cedi notes to modernise cedi while preserving national identity – BoG
32 minutes -
Ghana’s business environment at ‘Inflection Point’ as private Sector takes greater lead — Vish Ashiagbor
39 minutes -
At least 2 new airlines could join domestic aviation market by 2027 – GCAA Director General
48 minutes -
What if Ghana’s next tourism boom begins with Ghanaians?
1 hour -
Energy Commission to monitor EV charging stations
1 hour -
Invest with confidence, Ghana’s golden era is beginning – Finance Minister
1 hour -
Do Ghana to launch The Great Ghana Day Out on World Tourism Day
1 hour -
Clean up our politics before politics cleans us up
2 hours -
2025 was a turning point, says Abradu-Otoo as NAFCO posts record GH¢91.7m profit
2 hours -
Today’s front pages: Friday, September 25, 2026
3 hours -
‘FA President has four clubs; what do you think he would do?’ – Nana Baffour Awuah fires back
3 hours -
Kurt Okraku doesn’t like criticism, but Ghana football is beyond him – Nana Baffour Awuah
3 hours -
Ghana’s Liquidity Paradox: Why capital is not reaching productive businesses
3 hours