Amantin and Kasei Community Bank PLC increased lending by more than half in 2025 as higher advances and income helped the bank navigate a challenging economic environment and deliver a modest rise in profit.
Advances surged 54.2 percent to GH¢66.29 million, from GH¢42.99 million a year earlier, while total assets expanded 7.33 percent to GH¢180.22 million. Deposits also grew 7 percent to GH¢158.46 million, reflecting increased customer funding for the bank’s operations.
The growth in lending contributed to a 22.33 percent increase in gross income to GH¢36.48 million, although profitability grew at a slower pace. Profit before tax rose 6.54 percent to GH¢9.33 million, from GH¢8.75 million in 2024, while profit after tax increased 2.76 percent to GH¢6.16 million.
The Board Chairman, Richard Owusu Afriyie, who disclosed the results at the bank’s 21st annual general meeting held at Amantin in the Bono East Region, said the performance demonstrated the institution’s resilience despite challenging economic conditions.
The bank’s investment portfolio, however, declined 14.22 percent to GH¢65.22 million, which Mr Afriyie attributed to the sharp decline in yields on government securities, including Treasury bills.
The Bank has proposed a GH¢1.54 million dividend for 2025, up from GH¢1.49 million in 2024, subject to Bank of Ghana approval. The dividend, equivalent to GH¢0.37 per ordinary share, will not be paid in cash but capitalised into stated capital, with equivalent shares issued to shareholders.
The capitalisation forms part of efforts to strengthen the bank’s capital position as the Bank of Ghana raises the minimum capital requirement for Community Banks to GH¢5 million. The bank’s stated capital increased 6.93 percent to GH¢1.65 million in 2025 following the issuance of 214,190 ordinary shares.
The Acting Managing Director of ARB Apex Bank, Curtis William-Brantuo, in a speech for him described the dividend capitalisation as a prudent measure that would allow shareholders to benefit while strengthening the bank’s capital base.
He, however, urged the Bank to improve liquidity management after its liquid assets-to-total-assets ratio fell to 56.88 percent, from 70.06 percent in 2024.
William-Brantuo called for stronger deposit mobilisation, asset-liability management and liquidity stress-testing to ensure loan expansion is backed by stable funding and adequate liquidity buffers.
Meanwhile, the Bank invested GH¢86,505 in community development during the year, including support for the Kasei mechanised borehole, Chorkosi Line Road and Bresuano Community School Pavilion projects.
The Chief Executive Officer of the Bank, Michael Wilberforce Osae, said it would intensify credit delivery, deposit mobilisation and short-term investments to boost income and sustain growth.
He added that the Bank would raise additional capital through share issuance, with transfers from reserves considered as a last resort to meet the revised capital requirement.
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