Audio By Carbonatix
Ghana Commercial bank’s profits for last year recorded a dip.
It went down by 65 percent to 16 million Ghana cedis, from 48 million Ghana cedis.
The bank’s revenue from its interest earning business also went down, whiles expenses shot up by 30 percent.
It however made some huge gains on loans it expects to go bad, which went down from 71 to 11 million Ghana cedis.
Meanwhile, Ghana Commercial Bank’s profits for the first three months of this year shot up by 18 percent to 23 million Ghana cedis.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
448 conflict hotspots identified – Interior Minister
14 minutes -
EC bosses face one-term rule as CRC pushes firewall against political influence
25 minutes -
Supreme Court numbers under the knife as Constitution Review Committee proposes cap
45 minutes -
Amakye Dede, Reggie Rockstone and Amapiano Invasion to headline SOHO’s December shows
2 hours -
Amazon blocks 1,800 job applications from suspected North Korean agents
4 hours -
US regulator approves pill form of Wegovy weight-loss drug
4 hours -
Gov’t official rejects ‘Detty December’ label
4 hours -
‘I couldn’t stay silent’ – Nicki Minaj speaks out on attacks on Christians in Nigeria
5 hours -
Liverpool striker Isak suffers broken leg
5 hours -
CRC proposes new petition-led process for removal of Chief Justice
5 hours -
Foreign Minister Ablakwa takes Nana Agyei Ahyia case to Latvia, vows full accountability
5 hours -
AFCON 2025: Salah seals late win for Egypt over Zimbabwe
5 hours -
Carney names ex-Blackrock executive as new US ambassador
5 hours -
CRC proposes 10-year single term and new removal process for Chief Justice
6 hours -
Salah scores late winner as Egypt come from behind to beat Zimbabwe
6 hours