The Minister of Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has announced that the government has recovered GH¢107 million in loan repayments from the Ghana EXIM Bank, while referring certain dubious loan disbursements to security agencies for investigation.
Addressing the Government Accountability Series on Wednesday, January 21, 2026, the Minister emphasized that these actions are aimed at enhancing oversight, improving credit quality, and ensuring the recovery of defaulted loans.
She revealed that in 2025, the Ghana EXIM Bank disbursed a total of GH¢304 million under a rigorous credit creation policy intended to promote economic growth and guarantee repayment.
The Minister highlighted intensified recovery efforts, which resulted in the retrieval of GH¢107 million from previously unpaid loans.
Additionally, she noted that some loan disbursements could not be adequately explained, leading to their referral to relevant security agencies for further scrutiny.
“In 2025, the Ghana EXIM Bank disbursed a total of 304 million in line with stringent credit creation policy to strengthen credit quality and my emphasis stringent credit creation policy. 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 107million 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,” she stated.