The Bank recorded profit before tax of a little over GH¢ 3.8 million in the year under the review as against about GH¢ 8.6 million technical loss through impairment in the previous year representing an impressive positive growth of 143.95%.

Speaking at the event, the Board Chairman Hon. Dr. Alex Adomako-Mensah indicated that the Bank’s total deposit grew from approximately GH₵192 million in the year 2022 to a little over GH₵255million in 2023 representing 32.55% growth. Also, the Bank’s Total Assets also grew from GH₵195 million in 2022 to GH₵263.4 million in 2023 representing 35.30% increase.  Additionally, the share capital of the Bank grew significantly from GH₵2.961946 in the year 2022 to GH₵3,674,917 in the year under review showing 24.07% growth.

He further asserted that the Board and Management remain resolute to continue to formulate strategic policies and plans to improve deposit mobilization while minimizing the corresponding market risk associated with it.