The Minister of Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has disclosed that the government has recovered GH¢107 million in loan repayments, while some Ghana EXIM Bank loan disbursements have been referred to security agencies over concerns about how they were issued.
Speaking at the Government Accountability Series on Wednesday, January 21, the Minister said the referrals form part of efforts to strengthen oversight, improve credit quality, and recover defaulted loans.
According to her, Ghana EXIM Bank disbursed a total of GH¢304 million in 2025 under a stringent credit creation policy designed to ensure that loans support economic growth and are repaid.
She said the Bank also stepped up recovery efforts, retrieving GH¢107 million from loans that had previously not been serviced.
The Minister revealed that certain loan disbursements remain unexplained, prompting referrals to security agencies for further investigation.
“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 said.
