EBID performance: Our balance sheet expanded, profitability strengthened – Ato Forson

Dr. Cassiel Ato Forson, Minister of Finance and Chairman of the Board of Governors of EBID, said the Bank’s balance sheet expanded and profitability strengthened in 2025, reflecting resilience and effective governance.

Delivering the welcome address at the 24th Ordinary Session of the Board in Accra, Dr. Forson said EBID achieved “solid operational and financial performance in the year 2025.” He highlighted that the balance sheet increased from US$1.97 billion in 2024 to US$2.39 billion by the end of 2025, while profitability rose from US$8.55 million to US$9.75 million, representing a 13.3 percent increase.

On the operational front, Dr. Forson said project approvals increased by 50 percent and commitments surged by over 83 percent to US$813.77 million, with a strong focus on energy and transport infrastructure—critical sectors for regional transformation.

He also underscored EBID’s catalytic role, pointing to the mobilisation of over US$510 million and €310 million, alongside an additional US$100 million, all fully deployed into priority projects.

“These results reflect disciplined risk management, strong governance, and the professionalism of both Management and staff,” he said, highlighting the Bank’s growing credibility, resilience, and relevance in West Africa.

Dr. Forson noted other milestones, including reaffirmation of credit ratings by Moody’s and Fitch at B2-Stable and B-Stable, accreditation with the Green Climate Fund, and the opening of the Abidjan Regional Office to strengthen country presence and accelerate project delivery.

He concluded by urging Governors to remain focused on strategic priorities, ensuring EBID continues to expand its role and impact across Member States while delivering inclusive economic growth and transformative regional development.