First National Bank’s parent agrees to fund new BoG minimum capital requirement

First National Bank Ghana has confirmed that its parent FirstRand Limited

will meet Bank of Ghana’s new minimum capital requirement of Four Hundred Million Ghana Cedis (GH¢400,000,000).

“First National Bank is committed to serving the needs of our customers in Ghana” said Richard Hudson, CEO of First National Bank Ghana Limited.

First National Bank, recently crowned the best emerging brand by the Chartered Institute of Marketing Ghana (CIMG), is determined to bring its reputation of innovation and superior digital products to its customers in Ghana.

The bank started operations in Ghana some three years ago and offers retail, business, corporate and investment banking services. It currently operates seven branches and seventeen ATMs all in the Greater Accra region but has plans to expand further.