Amenfiman Community Bank has achieved a remarkable 71 percent return on investment for its shareholders, along with declaring dividends for the current financial year.Over the past ten years, the bank has maintained a consistent performance, delivering no less than a 30 percent annual return on investment.
Dr. Alexander Asmah, the bank‘s Chief Executive Officer, emphasized that the institution remains deeply committed to its primary mission of taking calculated risks and managing them effectively.He explained, “Our approach is to take on the risk, manage it efficiently, and engage in business activities that most banks and financial institutions consider too challenging.” The bank has made significant strides in addressing key areas such as agricultural financing and micro, small, and medium–sized enterprise (MSME) financing.By handling these sectors with expertise, the bank has been able to minimize risk.This has resulted in a much lower rate of non–performing loans, with the country‘s average standing at 20%, while Amenfiman Community Bank’s rate is only 1.6%.
Dr. Asmah further noted that the reduction in non–performing loans has had a direct impact on the bank‘s profitability, with the profits generated being reinvested into the business.During the year under review, the bank demonstrated robust growth in both its performance and profitability.The Annual Financial Report revealed a profit after tax of GH₵154.9 million, which is an impressive 180 percent increase compared to the previous year.
This strong performance is attributed to the resilience of the bank‘s business model, its effective governance structures, and its ability to navigate a challenging financial landscape.
The bank has also significantly expanded its total assets, reaching over GH₵2.8 billion—a staggering 2,500 percent increase since 2015.During the same period, deposits surpassed GH₵2.3 billion.
According to the bank‘s report, operating income saw a substantial rise of 79 percent, primarily driven by an 82 percent increase in interest income, while interest expenses grew at a slower rate of 67 percent, reaching GH₵33.52 million.
Management highlighted that this performance underscores the bank‘s capability to grow earnings while maintaining cost control and effectively managing credit risk in a volatile economic environment.
Deposits grew by 48 percent in 2025, increasing from GH₵1.55 billion in 2024 to GH₵2.3 billion.
The bank also witnessed a significant rise in lending, with a total of GH₵1.60 billion disbursed in 2025, which is an 182 percent increase compared to the previous year.
In terms of dividends and capital injection, the Board of Directors has proposed distributing 30 percent of the net profit as dividends to shareholders. This amounts to GH₵46.4 million, with 15 percent of this being issued as bonus shares and the rest paid in cash.This payout far exceeds the previous year‘s distribution of GH₵11 million in bonus shares and GH₵5.5 million in cash.
The bank is currently implementing a capital mobilization program to increase its capital base beyond GH₵100 million.
Prior to this initiative, the bank‘s capital adequacy was at GH₵37 million, and its current capital stands at GH₵71 million.With the reinvestment of part of the dividends into the business, the capital is projected to rise to GH₵94 million.Management expects to exceed the GH₵100 million target by October of this year.
Dr. Asmah stated that achieving this milestone will greatly enhance the bank‘s ability to support future growth, meet evolving regulatory standards, facilitate larger transactions, and strengthen its competitive standing within Ghana’s financial services industry.
Looking ahead, the Board has implemented prudent measures to ensure the sustainability of profitability.
Prof.Lucas Nana Wiredu Damoah, the Board Chairman, noted that while macroeconomic changes may pose short–term challenges to profitability, the bank remains confident in its ability to adapt.He said, “Through disciplined balance sheet management, strong liquidity planning, and proactive pricing decisions, the bank will be well–positioned to effectively navigate the changing operating environment.”
Stakeholders have been encouraged to continue supporting the bank‘s management as Ghana’s economy continues to face various challenges.
Meanwhile, the bank is broadening its operational footprint to enhance accessibility and improve customer service.
Dr. Asmah disclosed that the bank has received approval from the Bank of Ghana to acquire a new branch property at the Takoradi Market Circle, which is expected to commence operations in the next financial year.Another branch is being constructed at Wassa Japa, and work is making progress on a multipurpose banking and office complex for the Wassa Akropong High Street Branch.
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