Amenfiman Community Bank has delivered a 71 percent return on investment for shareholders, with dividends declared for the year under review.
The report indicates that amenfiman Community Bank has delivered a 71 percent return on investment for shareholders, with dividends declared for the year under review.
It further notes that over the past decade, the Bank has recorded not less than 30 percent year-on-year return on investment.
The Chief Executive Officer of the Bank, Dr. Alexander Asmah, says the focus remains on the bank’s core duty, taking risks and managing them.
“What we do is that we take the risk, manage the risk, and do the business that most banks and financial institutions say is not possible,” he said.
“We tackle issues of agric financing and MSME financing. We do it so well that we mitigate the risk. So instead of the whole country recording 20% in non-performing loans, we recorded 1.6% in non-performing loans,” Dr. Asmah added.
According to him, mitigating the Bank’s non-performing loans improves profitability, and the amounts realized are ploughed back into the business.
In the year under review, the Bank delivered strong growth in performance and profitability.
The Annual Financial Report of the Bank reported a profit after tax of GH¢154.9 million, increasing profit margins by 180% compared to the previous year.
Dr. Asmah explained, “This growth underscores the strength of our business model, the effectiveness of our governance structures, and the resilience of our strategy in navigating a complex operating environment.”
Amenfiman Community Bank has expanded its total assets to over GH¢2.8 billion, representing 2,500% growth compared to 2015.
In the year under review, deposits exceeded GH¢2.3 billion.
“Operating income has grown by 79%, driven primarily by an 82% growth in interest income against a lower interest expense growth of 67%, or GH¢33.52 million,” the Bank’s report stated.
According to the Bank’s management, the recorded growth demonstrates the Bank’s ability to grow earnings and its capacity to manage costs and credit risk effectively in a volatile environment.
Deposits of the Bank also grew by 48% in 2025, reaching GH¢2.3 billion from GH¢1.55 billion in 2024.
