First Atlantic Bank PLC is set to become a publicly traded company on the Ghana Stock Exchange (GSE) this Friday, following the successful completion of an oversubscribed Initial Public Offering (IPO).
The bank’s transition to the local bourse, scheduled for December 19, 2025, follows an offer period that closed earlier this month on December 4, attracting significant interest from both institutional and retail investors.
The oversubscription is being viewed by market analysts as a robust vote of confidence in the bank’s financial health and its ongoing investments in digital infrastructure.
In a statement marking the milestone, the bank noted that the success of the offer “signals strong investor confidence in the Bank’s fundamentals and growth outlook”.
The listing is expected to provide the institution with critical access to long-term capital while strengthening its corporate governance and regulatory compliance frameworks.
Looking ahead, the bank intends to utilize its bolstered capital position to drive regional expansion and deepen financial inclusion within Ghana. The board and executive management have emphasized their commitment to technology-driven innovation and customer-centric product development to maintain a competitive edge in the domestic banking sector.
Highlighting its long-term aspirations, the bank stated, “We are indeed committed to building… the Global Bank out of Ghana”.
The listing ceremony is expected to bring together key market operators and regulators, including the Bank of Ghana and the Securities and Exchange Commission, who have supported the transition process. By listing on the GSE, the bank aims to contribute to the further development of Ghana’s capital markets while delivering what it describes as “sustainable returns to shareholders”.
Trading of the bank’s shares is expected to commence immediately following the formal listing event on Friday.
