NIB PLC Boosts Profit with Deposit Mobilization Strategy

Business

National Investment Bank PLC (NIB) has announced a landmark financial performance, underscoring its renewed stability and strength as a government-owned institution.

The improved results reflect effective deposit mobilization, disciplined strategy, and purposeful leadership under Managing Director Alhaji Dr. Doliwura Zakaria.

The announcement was made in Accra, with traditional leaders present, including Buipewura Jinapor II, Kongwura Jimkurige I, and Bifatey II, highlighting NIB’s national and regional importance.

NIB’s leadership emphasized the Bank’s resurgence is rooted in sound strategy and professional execution, with a focus on deposit growth, prudent management, and institutional reform.

In 2025, NIB recorded a significant turnaround, with over 8,300% growth in profit and substantial growth in total assets and customer deposits.

Under Alhaji Dr. Doliwura Zakaria’s leadership, NIB has pursued a disciplined turnaround strategy, with strategic branch positioning, streamlined services, and tighter operational controls.

The Bank has also launched a new mobile banking application and is implementing a technology upgrade to enhance speed, security, and digital capability.

NIB’s transformation has improved working conditions, salary enhancements, and staff promotions, lifting morale and strengthening service delivery.

The Bank’s promise, ‘Your Business is Our Business,’ guides its decisions and improvements, shaping its commitment to serve customers better and support their growth.

Image Source: MYJOYONLINE

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