Amenfiman Community Bank delivered a 71% return on investment for its shareholders. The bank reported a profit after tax of GHS 154.9 million for the financial year.
This profit represents a substantial 180% increase compared to the previous year. The bank's total assets have expanded to over GHS 2.8 billion, marking a significant 2,500% growth since 2015. This strong performance is primarily due to the bank's committed focus on financing agriculture and Micro, Small, and Medium-sized Enterprises (MSMEs).
The sustained profitability of Amenfiman Community Bank stands out in Ghana's financial sector. Local banks often face challenges from high non-performing loans, which are loans unlikely to be repaid. The bank’s ability to manage risk effectively and maintain a low non-performing loan ratio distinguishes its performance. This success contributes positively to investor confidence in Ghana's community banking model.
Dr. Alexander Asmah, the Bank's Chief Executive Officer, stated their core duty involves taking and managing risks. He emphasized, "What we do is that we take the risk, manage the risk, and do the business that most banks and financial institutions say is not possible." Dr. Asmah further noted, "We tackle issues of agric financing and MSME financing. We do it so well that we mitigate the risk. So instead of the whole country recording 20% in non-performing loans, we recorded 1.6% in non-performing loans."
This robust financial health allows the bank to increase its lending capacity. It also helps meet evolving regulatory requirements and compete effectively in the financial services industry. The bank's ongoing capital mobilisation programme aims to further strengthen its capital base. This will position it for future growth and help finance larger transactions, benefiting the broader economy.
The bank's exceptional performance is further highlighted by an 82% growth in interest income. Operating income grew by 79%, while interest expense growth remained lower at 67%, or GHS 33.52 million. Deposits also surged by 48% in 2025, reaching GHS 2.3 billion from GHS 1.55 billion in 2024. The bank disbursed GHS 1.60 billion in loans in 2025, an increase of 182% over the previous year.
Directors have proposed a dividend payment of 30% of net profit, amounting to GHS 46.4 million for shareholders. This will be distributed as 15% bonus shares, with the rest as cash. This payout exceeds the previous year's distribution of GHS 11 million in bonus shares and GHS 5.5 million in cash. The bank's capital adequacy position, which was GHS 37 million, now stands at GHS 71 million. It is projected to reach GHS 94 million after shareholders reinvest part of their dividends. The bank aims to surpass the GHS 100 million capital target by October this year.
Prof. Lucas Nana Wiredu Damoah, Board Chairman, affirmed the bank's commitment to maintaining profitability despite macroeconomic changes. He outlined measures like disciplined balance sheet management and proactive pricing decisions. The bank is also expanding its physical presence, with a new branch approved for Takoradi Market Circle and another under construction in Wassa Japa. A multipurpose banking and office complex is also progressing in Wassa Akropong, improving accessibility and customer service.