Amansie Community Bank posts GHC73m profit before tax, unprecedented GHC1b deposit in A/R
Amansie Bank Community Bank PLC is streamlining its operations to sustain gains after posting a strong financial performance in the year ended December 2025. The bank recorded more than 100 percent increase in profit before tax, posting over 73 million cedis as against profits made in the preceding year. The bank also chalked an unprecedented […]
Amansie Community Bank PLC has experienced a remarkable financial year, posting a significant increase in both profit before tax and deposits. The bank reported a profit before tax of 73 million cedis, marking a 100% increase from the previous year's 36 million cedis. This surge in profits is largely due to increased incomes generated from credits and investment operations.
Furthermore, the bank has made history by mobilizing one billion cedis in deposits, becoming the first community bank in the Ashanti region to achieve this feat. This deposit increase represents a 48% rise from the 687.82 million cedis collected in 2024. The bank's assets also grew by 51.8%, reaching 1,156.7 billion cedis. In addition to the impressive financial performance, Amansie Community Bank has been investing in the education sector, recently allocating 47,500 cedis to support ten students' tuition fees.
The bank's CEO, Frederick Kwakye Kyei, emphasized the importance of continued fiscal prudence and operational efficiency to maintain this upward trajectory.
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