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Amantin & Kasei Community Bank boosts lending 54% as profit rises to GH¢9.3m

  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...