First Atlantic Bank PLC has completed its Initial Public Offering with an oversubscription, signalling strong investor confidence ahead of its official listing on the Ghana Stock Exchange scheduled for Friday, December 19, 2025.
The offer, which closed on Friday, December 4, attracted significant participation from institutional and other investors, reinforcing the Bank’s growing profile within Ghana’s financial sector and the broader capital market.
Following the successful IPO, First Atlantic Bank will be formally admitted to the Ghana Stock Exchange, with trading in its shares expected to commence on the same day as the listing. The ceremony will bring together regulators, market operators, investors and key stakeholders, marking the Bank’s transition into a publicly traded institution.
The listing represents a major strategic milestone for the Bank, aimed at strengthening corporate governance, enhancing regulatory compliance and improving access to long-term capital to support future growth. Market analysts view the move as a significant step in aligning the Bank with global best practices in transparency and accountability.
According to the Bank, the strong response to the offer reflects its consistent financial performance, supported by sustained profitability, balance-sheet growth and continued investment in digital banking infrastructure. The institution has focused on technology-driven innovation, robust risk management and customer-centric product development to enhance its competitiveness in Ghana’s increasingly dynamic banking landscape.
The Board and Executive Management expressed appreciation to the Bank of Ghana, the Securities and Exchange Commission, the National Pensions Regulatory Authority and the Ghana Stock Exchange for their support throughout the IPO process.
Looking ahead, First Atlantic Bank is expected to leverage its strengthened capital base to drive business expansion, deepen financial inclusion, advance its regional growth ambitions and contribute to the development of Ghana’s capital markets, while delivering sustainable value to shareholders. The Bank reaffirmed its long-term vision, stating, “We are indeed committed to building …the Global Bank out of Ghana.”