The Ghana Stock Exchange (GSE) has officially welcomed First Atlantic Bank as the institution begins the process toward listing on the Exchange’s Main Market through an Initial Public Offering (IPO), following regulatory approvals.
The move marks the first equities market IPO on the GSE since 2018, signaling renewed confidence in Ghana’s capital market and boosting expectations of increased activity on the Exchange.
GSE Managing Director, Abena Amoah, described the development as a major milestone, noting that it reinforces the Exchange’s role in helping institutions raise long-term capital for growth. “We are pleased to welcome First Atlantic Bank on its journey towards listing. This important step underscores growing confidence in our market,” she said.
The Exchange encouraged more companies to consider the capital market as a viable avenue for both short- and long-term financing.
First Atlantic Bank’s proposed listing is expected to deepen market activity and offer new opportunities to investors.
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