Amenfiman Community Bank has delivered a 71 percent return on investment to shareholders, with dividends declared for the year under review.
Over the past decade, the bank has consistently recorded no less than 30 percent year-on-year return on investment.
The Chief Executive Officer of the bank, Dr. Alexander Asmah, said the institution remains focused on its core mandate of taking risks and managing them effectively.
“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, reducing the bank’s non-performing loans has significantly improved profitability, with the gains reinvested into the business.
In the year under review, the bank posted strong growth in both performance and profitability.
Its Annual Financial Report showed a profit after tax of GH¢154.9 million, representing a 180 percent increase over the previous year.
Dr. Asmah said the performance highlights the strength of the bank’s business model, governance structures, and resilience in navigating a challenging operating environment.
Amenfiman Community Bank also expanded its total assets to over GH¢2.8 billion, representing a 2,500 percent increase compared to 2015.
Deposits exceeded GH¢2.3 billion during the period under review.
According to the bank’s report, operating income grew by 79 percent, driven largely by an 82 percent increase in interest income, against a lower interest expense growth of 67 percent, amounting to GH¢33.52 million.
Management said the performance demonstrates the bank’s ability to grow earnings while effectively managing costs and credit risk in a volatile environment.
Deposits grew by 48 percent in 2025, rising to GH¢2.3 billion from GH¢1.55 billion in 2024.
The bank also increased lending significantly, disbursing a total of GH¢1.60 billion in 2025, an increase of 182 percent over the previous year.
Dividends And Capital Injection
The Board of Directors has proposed the payment of 30 percent of net profit as dividends to shareholders.
This amounts to GH¢46.4 million.
Out of this figure, 15 percent will be issued as bonus shares, while the remaining portion will be paid in cash.
The 2025 payout exceeds the previous year’s distribution of GH¢11 million in bonus shares and GH¢5.5 million in cash.
The bank is currently undertaking a capital mobilisation programme aimed at increasing its capital base beyond GH¢100 million.
Before the initiative, the bank’s capital adequacy position stood at GH¢37 million.
Its capital currently stands at GH¢71 million and is expected to rise to GH¢94 million after shareholders agreed to reinvest part of their dividends into the business.
Management projects the bank will exceed the GH¢100 million target by October this year.
Dr. Asmah said achieving this milestone will strengthen the bank’s capacity to support future growth, meet evolving regulatory requirements, finance larger transactions, and improve its competitive position within Ghana’s financial services sector.
Future Outlook
The Board says prudent measures have been put in place to sustain profitability.
Board Chairman, Prof. Lucas Nana Wiredu Damoah, said although macroeconomic changes may create short-term profitability pressures, the bank remains confident in its ability to adapt.
“Through disciplined balance sheet management, strong liquidity planning, and proactive pricing decisions, the Bank will be positioned to navigate the changing operating environment effectively,” he said.
Stakeholders have been urged to continue supporting the bank’s management as Ghana’s economy faces ongoing challenges.
Meanwhile, the bank continues to expand its operational footprint to improve accessibility and customer service.
Dr. Asmah disclosed that approval had been secured from the Bank of Ghana to acquire a new branch property at the Takoradi Market Circle, which is expected to begin operations in the next financial year.
Another branch is also under construction at Wassa Japa, while work is progressing on a multipurpose banking and office complex for the Wassa Akropong High Street Branch.
