{
  "id": 17295520,
  "title": "Amansie Community Bank posts GH₵73m profit before tax, unprecedented GH₵1bn deposit in Ashanti Region",
  "url": "https://urgent.news/2026/10/30/amansie-community-bank-posts-gh-73m-profit-before-tax-unprecedented",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T21:46:04.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/amansie-community-bank-posts-gh%e2%82%b573m-profit-before-tax-unprecedented-gh%e2%82%b51bn-deposit-in-ashanti-region/"
  },
  "original_language": "en",
  "account": "Amansie Community Bank PLC reported a record-breaking financial performance in the year ended December 2025, posting a profit before tax of 73 million cedis, marking a 100% increase from the previous year. The Ashanti region-based bank also achieved an unprecedented milestone by mobilizing 1 billion cedis in deposits, becoming the first community bank in the region to accomplish this feat. This achievement was made possible by an impressive 48% increase in deposit mobilization, reaching a record 1 billion cedis in 2025. The bank's total assets also saw a significant rise, growing from 761.7 million cedis in 2024 to 1,156.7 billion cedis in 2025, representing a 51.8% increase. This growth was attributed to investments, cash and Bank Balances, and Loans and Advances. In addition to its profit increase, the bank's after-tax profit rose to 50.98 million cedis, a 94.57% increase from the 2024 figure of 26.20 million cedis. The bank's investment portfolio grew by 35.2% to close at 739.3 million cedis, with funds allocated to treasury bills, fixed deposits, and other short-term fixtures on the money market. The board recommended a dividend payment of 10.19 million cedis, representing a 94% increase in dividend per share over 2024. Amansie Community Bank's CEO, Frederick Kwakye Kyei, emphasized the importance of maintaining fiscal measures and operational efficiencies to sustain the bank's gains in the coming years. The bank remains committed to serving its customers and enhancing its banking platforms, including digital channels.",
  "summary": "Amansie Community Bank PLC has reported a remarkable financial performance for the year ending December 2025, with a significant increase in profit before tax and unprecedented deposit mobilization in the Ashanti region. The bank recorded a profit before tax of 73 million cedis, marking a 100% increase from the previous year's 36 million cedis. This growth is attributed to improved income from credit and investment operations. Additionally, Amansie Community Bank has set a new record by mobilizing one billion cedis in deposits, positioning it as the first community bank in the Ashanti region to achieve this feat. The bank's deposit base grew by 48% from 687.82 million cedis in 2024 to a record 1 billion cedis in 2025, primarily in Savings and Susu accounts. The bank's asset base also expanded by 51.8%, reaching 1,156.7 billion cedis, driven by investments, cash, and loans and advances.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}