
Audio By Carbonatix
The after-tax profit margin for Ghana Commercial Bank (GCB) has reached 229 million Ghana cedis for 2013.
This represents a 60 percent jump from the 142 percent recorded for 2012.
GCB also witnessed some strong growth in most areas of its operations as interest income reached 552 million Ghana cedis in 2013 compared to the 376 million Ghana cedis in 2012.
Deposits from customers increased from 2.3 billion Ghana cedis to 2.6 billion Ghana cedis.
GCB's total assets now stands at 3.4 billion Ghana cedis for 2013.
According to the financial statement released so far by the listed bank, GCB might be the most profitable bank in the country with the 229 million Ghana cedis profit after tax beating, Standard Chartered Bank profits of 208 million Ghana cedis, ECOBANK's profit after tax of 190 million Ghana and Barclays Bank Ghana limited's profit of 143 million Ghana cedis.
Latest Stories
-
EOCO declares Dr Gabriel Tanko Kwamigah-Atokple a fugitive over alleged gold fraud
2 minutes -
GSE records GH¢1.09bn trade in equity market; 10 stocks register gains
16 minutes -
Fuel prices: Ghana places 15th in Africa
22 minutes -
Africa must look inward: Reframing resilience in a shifting global economy
39 minutes -
7 dead, 2 missing after boat capsizes on Volta Lake
49 minutes -
Miss Diaspora Ghana 2026 launched to deepen diaspora ties and drive development
56 minutes -
US warns citizens to reconsider Nigeria travel on safety grounds
1 hour -
Ivan Toney questions refereeing in Saudi Pro League title race after Al-Ahli draw
1 hour -
Angola appoint Aliou Cissé as new head coach
2 hours -
Virtual Security Africa showcases digital security vision at Kwahu Business Forum
2 hours -
EBID strengthens regional integration role amid global economic uncertainty
2 hours -
Two assault rifles, ammunition retrieved in Police probe of Tamale gang attack
2 hours -
EBID records strong financial growth with $722m disbursements in 2025 – President, Dr George Donkor
2 hours -
EBID to mobilise $2.69bn under new 2026–2030 growth strategy – Dr George Donkor
2 hours -
An open letter to telcos, regulators and security agencies on mobile money fraud in Ghana
2 hours