By Eric Yaw Boakye
Prang, (Bono East) June 22, GNA- Prang (Bono East), June 18, GNA – Mr Francis Owusu Antwi, Bono East Regional Minister, has commended the Yapra Community Bank at Prang in the Pru West District for its impressive financial performance and positive outlook in the 2025 fiscal year.
Addressing the 32nd Annual General Meeting (AGM) of the bank at Prang, Mr Antwi expressed confidence that the bank would meet the Bank of Ghana’s GH¢5 million minimum capital requirement.
“Looking at the amount of reserves you have I am hopeful the bank will meet the threshold,” he stated, and advised the management to work diligently to meet the target.
He advised the bank to re-strategise and remain innovative in its loan delivery to maximise profit margins.
Mr Alhassan Anyiass, Acting Chief Executive Officer of the bank, said the increase in shareholders had contributed to a rise in deposits during the fiscal year under review.
However, he noted that the bank’s investment in treasury bills declined due to a drop in Treasury bill rates.
Mr Anyiass encouraged management and staff to intensify efforts to improve the bank’s profitability in the coming financial years.
The AGM, attended by shareholders and customers, deliberated on the Board Chairman’s, Auditor’s and Directors’ reports.
It also reviewed the bank’s 2025 financial statements, approved the payment of dividends, and endorsed the appointment of new auditors.
GNA
Edited by Dennis Peprah/ Lydia Kukua Asamoah
Reporter: Eric Yaw Boakye
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