Trade Minister Reveals GH¢107M Recovered from Ghana EXIM Bank Loans, Some Disbursements Referred to Security Agencies

The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has revealed that Ghana EXIM Bank recovered GH¢107 million in loan repayments in 2025, while certain loan disbursements have been referred to security agencies over concerns about their issuance.

Speaking at the Government Accountability Series on Wednesday, January 21, 2026, the Minister said the recoveries and referrals form part of broader efforts to strengthen oversight, improve credit quality, and ensure accountability in public financing.

Key highlights from the Minister’s statement:

• “In 2025, the Ghana EXIM Bank disbursed a total of GH¢304 million in line with a stringent credit creation policy to strengthen credit quality. This is not money for the boys or money for the girls.”
• “You must satisfy the requirement; you must show that the credit you are taking is going to inure to the benefit of the economy. You must show the ability to repay the loan because this is not free money.”
• “They also went to work in respect of repayment and received GH¢107 million from loans that had been given and that were not paid.”
• “Recovery efforts on legacy loans are ongoing. They have initiated legal proceedings on several of the cases, while others have been referred to appropriate security agencies for further action.”
• “There are loans that we do not know how they were disbursed; we have referred them to the appropriate quarters for the same to be dealt with expeditiously.”

The Minister emphasized that the bank’s 2025 disbursements were guided by strict criteria to ensure loans support genuine economic growth and are repayable, rejecting any notion of favoritism or misuse.

The GH¢107 million recovered represents significant progress in addressing legacy non-performing loans, while the referrals to security agencies signal a zero-tolerance approach to irregularities in loan approvals.

The announcement underscores the government’s commitment to fiscal discipline, transparency, and responsible management of public financial institutions as part of broader economic recovery efforts.