Societe-General loan asset quality shows deterioration in… Mercy Aboagye Apr 8, 2024 0 Loan asset quality of Societe General Bank measured by its non-performing loan ratio (NPL) worsened in 2023. NPL…
GTBank doubles interest income to drive profit growth by… Mercy Aboagye Apr 2, 2024 0 Interest income on loans provided to individuals and businesses by Guaranty Trust Bank at the close of the 2023…
Hyperinflation in Ghana costs Absa $21.6 million in profit Mercy Aboagye Mar 12, 2024 0 Hyperinflation in Ghana cut after-tax profit for Absa Group Ltd. by 403 million rand ($21.6 million), and the South…
MTN says profit to drop as much as 90% due to naira decline Mercy Aboagye Mar 1, 2024 0 MTN Group Ltd., Africa’s biggest wireless service provider by revenue, said full-year profit probably plunged as…
MTN Ghana records GHS 4 billion net profit for 2023 Mercy Aboagye Mar 1, 2024 0 In its audited 2023 Financial Report released recently, MTN Ghana showcased robust figures, boasting a commendable…
Gross Profit Margin: Identifying Businesses with Durable… Mercy Aboagye Feb 26, 2024 0 In this part II of the weekly series, we focus on Gross Profit Margins as an indicator of a business with a durable…
Zenith Bank demonstrates resilience with 82.22% growth in… Mercy Aboagye Nov 15, 2023 0 Continuing on its upward trajectory for the year, leading financial services provider, Zenith Bank (Ghana) Ltd. has…
GTBank Ghana posts Q1 2023 profit of GHS 189m, outperforming… Rhema May 16, 2023 0 Guaranty Trust Bank (GTBank) Ghana, a subsidiary of the renowned Nigerian banking institution, has emerged with an…
Zenith Bank grows net profit to GHS 217m in Q1 2023; asset… Rhema May 11, 2023 0 Zenith Bank Ghana has reported an impressive increase in its asset value for the first quarter of 2023. According…
CAL Bank records GHS 60.4m net profit in Q1 2023 Rhema May 8, 2023 0 Cal Bank, one of Ghana’s leading banks, has reported a net profit of GHS 60.4m for the first quarter of 2023,…
FBN Bank records GHS 61.6m net profit; posts 56% CAR at… Rhema May 4, 2023 0 First Bank of Nigeria (FBN) Ghana for the year 2022 recorded a net profit of GHS 61.6m. The GHS 61.6m profit…