FULL LIST of 23 Universal Banks Operating in Ghana NOW


    Bank numbers in Ghana have reduced from 36 to 23 under a banking sector cleaning exercise that led to the collapse of nine banks and three mergers.

    Following the recapitalisation exercise that ended at the close of business on 31st December 2018, there are now twenty three (23)[sic] universal banks operating in Ghana.

    These banks have all met the new minimum paid-up capital of GHC400 million. A schedule of banks and how they have met the new requirement is attached as Annexure 1.

    Below is the full list of Banks operating in Ghana now:

    Banks that have met new minimum capital

    1. Zenith Bank

    2. Ecobank

    3. GCB Bank

    4. Stanbic Bank

    5. Standard Chartered Bank

    6. Barclays Bank

    7. Access Bank

    8. Consolidated Bank

    9. Republic Bank

    10. Fidelity Bank

    11. UBA

    12. Societe Generale

    13. GT Bank

    14. FBN Bank

    15. Cal Bank

    16. Bank of Africa

    Banks that merged

    17. First Atlantic Merchant Bank Limited/Energy Commercial Bank,

    18. OmniBank Ghana Limited/Bank Sahel Sahara Ghana

    19. First National Bank/GHL Bank Limited

    Indigenous banks benefiting from the GAT initiative

    20. ADB

    21. NIB

    22. OmniBank/BSIC,

    23. Universal Merchant Bank

    24. Prudential Bank