Atwima Mponua Community Bank PLC is targeting a stated capital of GH¢10 million by the end of 2026 as part of plans to transition into an urban community bank and expand its operations beyond its traditional rural market.
The move follows the bank’s successful transition from Atwima Mponua Rural Bank to a community bank, in line with the Bank of Ghana’s reforms aimed at strengthening the microfinance and community banking sector.
According to the bank’s 2025 Annual Report, Board Chairman John Yaw Gyedu Gyamerah said achieving the GH¢10 million capital target would position the bank to secure regulatory approval to operate in more urban communities and diversify its services.
“To better serve you and tap into new growth opportunities, our next strategic goal is to achieve a stated capital of GHS 10 million. This will qualify us to be registered as an Urban Community Bank, granting us the regulatory license to extend our footprint into more urban communities and diversify our offerings,” he said.
Mr Gyamerah added that the bank is currently in a strong position regarding capitalization.
The bank’s stated capital currently stands at GH¢5.6 million, up from GH¢2.5 million, exceeding the Bank of Ghana’s minimum requirement for existing community banks by GH¢603,354.
The bank is therefore encouraging shareholders and potential investors to acquire additional shares to support the recapitalisation drive.
Mr Gyamerah explained that regulations require shareholders of community banks to be Ghanaian, with local community participation accounting for between 20% and 30% of total shares to maintain local ownership.
“By increasing your stake in Atwima Mponua Community Bank PLC, you are not only helping us meet these regulatory requirements but also positioning yourselves to benefit from the higher returns that our expansion into urban markets will bring,” he said.
The reforms introduced by the Bank of Ghana have increased minimum capital requirements for existing community banks, expanded their operational reach and introduced stricter governance standards.
The ARB Apex Bank Ltd. has also been restructured to serve as a central service and supervisory institution for the community banking sector.
Meanwhile, Atwima Mponua Community Bank recorded strong financial performance in 2025, posting a profit after tax of GH¢17.3 million.
The bank’s total income increased by 39% to GH¢54.1 million, supported by a 43% rise in net interest income to GH¢47.8 million.
Its total assets grew to GH¢356.1 million, while customer deposits increased by 26.5%.
Loans and advances also more than doubled, rising by 104.1% to GH¢107 million, as the bank continued to support businesses in agriculture, trading and transport sectors.
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