By Florence Afriyie Mensah
Kumasi, June 24, GNA – The Amenfiman Community Bank PLC, has recorded an exceptional financial performance for the 2025 financial year, projecting a profit after tax of GH₵154.9 million.
This performance represents a 180 percent increase over the GH₵55.38 million recorded in 2024.
The impressive performance underscores the Bank’s resilience, sound governance, and strategic focus despite operating within a challenging macroeconomic environment characterised by inflationary pressures, high interest rates and evolving regulatory requirements.
Professor Lucas Nana Wiredu, Chairman of the Board of Directors, presenting his report at the 42nd Annual General Meeting (AGM) of shareholders, indicated that the results reflected the Bank’s ability to balance growth with prudent risk management, while delivering value to customers, shareholders and communities.
The meeting was held under the theme: “Building on a Legacy of Excellence.”
Deposits grew from GHS1.55 billion in 2024 to GHS2.3 billion, representing a 48 per cent increment.
The Bank also recorded a substantial increase in credit delivery, disbursing GH₵1.60 billion in loans during the year under review, representing a 182 percent increase over the previous year.
Prof. Wiredu mentioned that to strengthen support for the Micro, Small and Medium Enterprise (MSME) sector, the Bank introduced specialized lending programmes that enabled it to expand credit delivery, while maintaining strong risk controls.
Between 2024 and 2025, it disbursed over 21,000 businesses and individuals across its operational areas.
The Bank also expanded its loan portfolio while maintaining a non-performing loan (NPL) ratio of just 1.62 percent in 2025, significantly below the industry average.
According to the Board Chair, these interventions have boosted local economic activity, supported entrepreneurship, created jobs, and enhanced financial inclusion in the communities it serves.
Spending on sustainability and corporate social responsibility projects increased significantly from GHS1.3 million in 2024 to GHS4.7 million in 2025.
These interventions formed part of the Bank’s mission of combining profitability with social impact and supporting sustainable development within its catchment areas.
Dr. Alex Asmah, Chief Executive Officer, Amenfiman Community Bank, noted that, as part of efforts to deepen financial inclusion and improve customer access, the Bank would continue to expand its operational footprint.
According to him, approval had been secured from the Bank of Ghana for the acquisition of a new branch property at Takoradi Market Circle, while construction of the Wasa Japa Branch and a modern multipurpose banking complex at Wasa Akropong progressed steadily.
He said the Bank had evolved into one of the fastest-growing indigenous financial institutions over the past decade with total assets growing from GHS105 million in 2015 to more than GHS2.8 billion in 2025.
Customer deposits have similarly increased from GHS87 million to more than GHS2.3 billion over the same period.
GNA
Edited by Kwabia Owusu-Mensah/Linda Asante Agyei
Reporter: Florence Afriyie Mensah
Email: [email protected],gh