UMB Bank fully restored after recapitalisation – Finance Ministry

Finance Minister Dr Cassiel Ato Forson has announced that UMB Bank is now fully recapitalised and positioned to expand its support for individuals, businesses and institutions.

Presenting the 2026 Mid-Year Fiscal Policy Review in Parliament, he said the Ghana Amalgamated Trust (GAT) had completed the full capitalisation of UMB Bank, strengthening the bank’s capacity to participate in Ghana’s economic development.

“The Ghana Amalgamated Trust (GAT) completed the full recapitalisation of UMB Bank,” he told Parliament.

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He encouraged customers and businesses to engage with the bank, saying the recapitalised institution was ready to provide banking services and support economic activity.

“UMB and Prudential Bank today stand fully capitalised and primed for business. We encourage individuals, businesses and institutions to take advantage of the revitalised UMB and Prudential Bank and bank with them,” he said.

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He added that the successful recapitalisation of the two indigenous banks reflected the government’s efforts to strengthen the stability of Ghana’s financial sector and create a stronger foundation for economic growth.

The Finance Minister said the move formed part of broader financial sector reforms aimed at improving confidence in the banking industry, supporting businesses, creating jobs and contributing to economic transformation.



DR/MA