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
-
Transport Minister urges Metro Mass Transit to strengthen internal capacity for fleet expansion
3 minutes -
KN Foundation prison outreach: Amenfi Central MP moved by sight of ‘very young boys’ as football legends visit inmates
3 minutes -
Sweety Aborchie Writes: Women, Power, Politics, Issue 3: Silence is not consent
6 minutes -
Ghana Card accepted at over 44,000 airports worldwide as a mode of identification – NIA boss
11 minutes -
Ghanaian midfielder Linda Owusu Ansah set to join AFC Toronto
23 minutes -
Grassroots sports development critical to Ghana Sports Fund vision – Yaw Ampofo-Ankrah
27 minutes -
Dr Emma Oliveira appointed Ghana Country Chair for Healthcare, Wellness, Insurance & Risk wing of Global G100 platform
31 minutes -
Youth unemployment remains government’s biggest challenge — Asiedu Nketia
55 minutes -
Cost of borrowing projected to increase despite policy rate hold – banks
57 minutes -
Guardiola to leave Man City after 10 years as boss
1 hour -
Carrick confirmed as Man Utd permanent manager
1 hour -
Photos: Parliament reconvenes, opens second meeting of ninth parliament
1 hour -
Aisha Bengai challenges young women to prioritise business investment over luxury spending
1 hour -
AMA donates streetlights to improve security and trading conditions at Kantamanto Market
1 hour -
Registrar of Companies set to delist 318 companies over compliance breaches
1 hour