[4] The bank is a member of Bank of Africa Group, a multinational, Pan African bank headquartered in Bamako, Mali, with presence in fourteen African countries, including Benin, Burkina Faso, Burundi, Democratic Republic of the Congo, Djibouti, Ghana, Kenya, Ivory Coast, Madagascar, Mali, Niger, Senegal, Tanzania and Uganda.

In 2006, Meeky Enterprises of Nigeria, acquired 49% shareholding in AmalBank.

At that time, Meeky was also a major shareholder in Oceanic Bank, a Nigerian financial services provider which was later acquired by Ecobank Nigeria.

In April 2011, majority shareholding (60%) in AmalBank was acquired by the Bank of Africa Group.

AmalBank rebranded to Bank of Africa (Ghana)[6] The stock of Bank of Africa (Ghana) is owned by the following corporate entities and individuals.