The Finance Minister, Dr. Cassiel Ato Forson has disclosed that over 900 direct jobs at the National Investment Bank (NIB) have been preserved following strategic interventions to stabilise the institution.
Speaking during the presentation of the 2025 Mid-Year Budget Review in Parliament on July 24, 2025, Dr. Forson commended efforts that have been taken to revitalize the struggling state-owned bank. “We have saved 900 direct jobs at NIB through deliberate and timely actions,” he announced, stressing the importance of preserving livelihoods while reforming public financial institutions.
He described the National Investment Bank as “prime for business,” adding that the bank is now in a much stronger financial position. “NIB is now liquid and fully active,” Dr. Forson said, indicating that the bank has regained its footing and is ready to effectively support Ghana’s industrial and commercial sectors.
The remarks come in the wake of recent efforts to restructure and recapitalise the bank, which had faced years of financial and operational challenges. Dr. Forson lauded the turnaround as a positive development, especially in the context of protecting jobs and boosting confidence in state-owned enterprises.
He urged continued support and oversight to ensure that NIB remains viable and contributes meaningfully to Ghana’s economic growth agenda.
The announcement has sparked renewed interest in the bank’s role in financing small and medium enterprises (SMEs) and supporting industrial development, as government pushes forward with its economic recovery programme.
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