Takoradi: The Ahantaman Community Bank PLC continues to rebound from the adverse effects of the Domestic Debt Exchange Programme. The year under review saw the bank making significant strides in key performance indicators, including deposits, advances, profit, and total assets.
According to Ghana News Agency, Right Reverend Daniel De-Graft Brace, Board Chairman of the Bank, reported to shareholders at the 38th annual General Meeting that the year 2025 saw the bank growing deposits from GHC367,253,780 to GHC522,553,765, marking a 42.29 percent change. There was a total advance to customers amounting to GHC356,219,347 in 2025 compared to GHC235,831,490 in 2024. The bank recorded a profit after tax of GHC26,651,839 in the year under review, with total assets growing to GHC625,311,473 as compared to GHC430,559,105 in the previous year.
The Chairman stated that the board recommended a GHC0.13 dividend per share, amounting to GHC6,615,252, which is 24.82 percent of the profit after tax. The bank has also upgraded its core banking software and introduced additional digital channels for customer convenience. Additionally, the bank invested GHC905,941 in community projects.
Right Reverend Brace assured stakeholders that the bank is ready to provide efficient services to all customers and businesses, emphasizing a partnership towards prosperity. Mr. Joseph Nelson, the Western Regional Minister, commended the bank for its contributions to local economic growth and encouraged the management to continue impressing shareholders.
Mr. Benjamin Afful-Eshun, the Chief Executive Officer, received praise for his leadership and service as he exits the bank after 21 years. Starting as a project officer in 2001, he rose to CEO in July 2014. His approach and vision have solidified the bank's reputation in the community banking sector.