The approval makes FAB the first Atlantic Bank from Ghana to extend its operations into Liberia, reinforcing its ambition to build a strong regional and global banking presence. The license reflects the bank’s robust governance, operational capacity, and long-term growth strategy.

FAB said its entry into Liberia will focus on supporting trade, entrepreneurship, and financial inclusion by providing modern, customer-focused banking solutions tailored to the local market. The bank also plans to leverage its award-winning digital platforms to deliver efficient and reliable services.

A two-time Digital Bank of the Year, FAB intends to use its proven digital expertise to enhance customer experience and drive innovation in the Liberian banking sector.

The expansion underscores the bank’s commitment to strengthening regional economic ties while offering trusted and innovative banking services beyond Ghana’s borders.

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The offer, which closed on Friday, 4 December 2025, attracted wide participation from both institutional and retail investors.

Following the successful IPO, the Bank is scheduled to list on the Ghana Stock Exchange (GSE) on Friday, 19 December 2025, with shares expected to commence trading the same day. The event will bring together regulators, market operators, investors, and key stakeholders, formally confirming First Atlantic Bank as a publicly traded company.

The listing represents a significant milestone in the Bank’s strategic development, strengthening corporate governance, enhancing regulatory compliance, and providing access to long-term capital.

The oversubscription reflects the Bank’s consistent financial performance, underpinned by sustained profitability, balance-sheet growth, and continued investment in digital banking infrastructure.

First Atlantic Bank has prioritized technology-driven innovation, robust risk management, and customer-centric product development to enhance competitiveness in Ghana’s banking sector.

The Board and Executive Management expressed gratitude to the regulators — Bank of Ghana, Securities and Exchange Commission, National Pensions Regulatory Authority, and Ghana Stock Exchange — for their invaluable support throughout the process.

Looking ahead, First Atlantic Bank intends to leverage its strengthened capital position to drive business growth, deepen financial inclusion, support regional expansion, and contribute to the development of Ghana’s capital markets, while delivering sustainable returns to shareholders.

The Bank remains committed to its vision of building a global bank out of Ghana.

The strong response signaled a clear vote of confidence in the Bank’s growth trajectory, strategic direction, and long-term ambitions.

This momentum is built on years of disciplined balance-sheet management, rising profitability, and sustained investment in digital and customer-centric solutions.

In an industry facing evolving regulatory demands and intense competition, First Atlantic Bank has steadily distinguished itself through resilience, innovation, and consistent performance—qualities that resonated strongly with investors during the offer period.

Attention now turns to Friday, 19th December 2025, when First Atlantic Bank PLC will be officially listed on the Ghana Stock Exchange.

The Listing Ceremony will formally mark the Bank’s transition into a publicly traded institution and usher in a new chapter of transparency, scale, and market accountability.

As the countdown begins, market watchers, investors, and industry players alike will be watching closely as FAB steps onto the public stage and signals what many believe is the start of an even bigger growth story.

Nzema East MCE condemns violent clash between youth and mining company

The Board Chairman, Mr Amarquaye Armah, confirmed the development in a statement, describing the decision as timely and aligned with the bank’s broader vision.

“The commencement of our journey toward becoming a publicly listed institution is a bold and strategic step for the Bank,” he said. “It reinforces our commitment to strong governance, sustainable value creation, and the pursuit of growth opportunities that will benefit our customers, shareholders, and communities.”

The move comes at a time when Ghana’s financial sector continues to push for greater transparency, capital strengthening, and improved investor confidence following years of sector reforms.

Analysts say listing on the Ghana Stock Exchange requires strict compliance and reporting standards, a transition that could position the bank more competitively.

First Atlantic Bank says it will provide regular updates as the process unfolds in the coming weeks, encouraging customers, investors, and the general public to follow its official communication channels for verified information.

The Bank reaffirmed its commitment to innovation and financial inclusion, noting that becoming a publicly listed company forms part of a broader plan to contribute more meaningfully to Ghana’s economic development.

According to the statement, First Atlantic Bank remains focused on maintaining its identity as a “refreshingly different” institution while expanding opportunities for public participation through shareholding

The donation was made on Tuesday, September 16, 2025, when a delegation from the Bank, led by Daniel Marfo, Executive Director, Business, paid a courtesy call on the Administrator of the Fund, Obuobia Darko-Opoku.

Other members of the delegation included James Abonney, Regional Head, Accra East; Chris Kan-Dapaah, Group Head, Energy Banking & Financial Institutions; and Ebenezer Akyeampong, Head, Corporate Communications.

In his remarks, Mr Marfo reaffirmed First Atlantic Bank’s commitment to initiatives that expand access to quality healthcare for Ghanaians. He noted that the donation demonstrates the Bank’s strong corporate social responsibility agenda and its belief that good health is the foundation of national development.

He further assured the Fund of the Bank’s readiness to support future interventions in the health sector.

Receiving the cheque, Madam Darko-Opoku expressed profound gratitude to First Atlantic Bank for its timely and impactful support. She noted that the contribution comes at a crucial time in the fight against chronic non-communicable diseases and would directly strengthen efforts to provide specialized medical care for vulnerable patients across the country.

She emphasized the vital role of corporate institutions in complementing government’s vision of building a resilient healthcare system. She lauded First Atlantic Bank for setting an example of purposeful corporate citizenship and reaffirmed the Fund’s commitment to ensuring that every contribution goes toward saving lives and creating lasting impact.

Source: Adomonline

In a writ of summons which has since gone viral on social media, she alleges that she succumbed to the relationship to keep her job since other ladies who ignored sexual advances of managers at First Atlantic Bank had uncomfortable working environments.

She further alleged that most ladies working in the bank are made to make sexual advances towards rich clients in order for them to open accounts with the Bank. According to her, though it is worrying, the management looks on unconcerned like it is a norm.

In the writ, Ms Adablah said towards the end of her National Service, Mr Nimako asked her to reject a contract offer from the bank with the agreement that he will take care of her basic needs including her rent and monthly allowances.

However, their relationship suffered some differences in July 2022 when the first defendant Ernest Kwasi Nimako decided to stop paying her rent and also providing other benefits he promised her.

She added that, their relationship increasingly became frosty after Mr Nimako requested ‘unnatural carnal knowledge’ from her, and she vehemently refused on several occasions, which led their differences to widen.

The writ continues to point out that, Mr Nimako purchased a Honda Civic with registration GC-7899-21 for his mistress but eventually wanted the car back, hence activated a remote engine lock which nearly caused the life of Ms Adablah.

The writ also pointed out that, she was put on a family planning method when Mr Nimako allegedly promised to marry her assuring her of a divorce since his marriage had broken beyond redemption.

She is, therefore, asking the court to make Mr Nimako transfer the title of car registered GC-7899-21 to her name and also refund the cost of repair for her car which is GH₵ 10,000.

She is also demanding a lump sum to help her start a business to take care of herself.

Ms Adablah is also seeking payment of arrears of her monthly allowance from July 2022 and arrears of her apartment at Labadi, a popular suburb in Accra.

Mr Nimako is yet to publicly respond to the allegations which have been widely circulated on social media.

Check out the writ of summons below:

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The waiting area, called The Atlantic Lounge was constructed by the First Atlantic Bank, upon a request by Mrs Akufo-Addo.

“Indeed in May 2019, when we commissioned the Rebecca Akufo-Addo Paediatric Intensive Care Unit, I noticed many visitors sitting under trees and other uncomfortable places.

“It was quite obvious to me that Korle Bu needed a decent waiting area for the Emergency wards to provide comfort, safety, peace of mind, and protection against adverse weather conditions,” she recounted.

The project, which is in accordance with its Corporate Social Responsibility, is a 150-seater capacity fitted with washrooms and other auxiliary facilities, including banking solutions.

The First Lady, who is also the Executive Director of The Rebecca Foundation, commended the bank for their efforts, adding that it will go a long way to help the visitors of the Hospital that has about 2,000 beds and receives close to 1,500 visitors daily.

She charged the Hospital management to ensure that the place is well maintained, and also entreated visitors of the facility to keep it clean and adhere to all hygienic protocols.

The First Atlantic Bank Board Chairman, Amarquaye Amar, who graced the occasion, said they are proud of the work they have done.

“We are proud to have completed the construction of this attractive edifice in record time; it is intended to serve as a modern, comfortable waiting space for families and friends of patients who are being attended to at the Korle -Bu Teaching Hospital,” he said.