Prudential Bank, a leading indigenous bank, has demonstrated resilience by posting strong growth results across all key financial metrics despite a challenging operating environment.
The bank’s transformation agenda continues to deliver impressive positive results as
pre-tax profit grew by 49.6% from GH 62.79 million in the first half of 2021 to GH¢ 93.97 million in the first half of 2022.
The Bank was able to sustain this growth momentum in its profitability on the back of a 17% growth in operating income and a non-interest income growth of 65% over the 2021 Half Year results.
The Managing Director of the Bank, John K. Addo attributed the bank’s impressive growth to the hard work of the Board, Management and Staff of the bank and their commitment to the transformation agenda.
The strategy has focused on enhancing business growth, deepening operational excellence through digitalization and customer service excellence, which earned the Bank a 5-star rating in service excellence by the CIMG in 2021.
Mr. Addo thanked the customers of the bank for their unflinching support and loyalty over the years and assured them that the bank will continue to provide them with excellent banking services.
Latest Stories
-
MTN Ghana Foundation inaugurates new Accident and Emergency Centre for Bawjiase Polyclinic
3 mins -
Government has paid all individuals who opted out of DDEP -1st Dep. Governor of BoG
9 mins -
We are confident about our board meeting in June on Ghana’s second review – IMF
33 mins -
Ghana’s Antoine Semenyo in contention for Bournemouth Supporters’ Player of the Season
1 hour -
I try to set good example for kids who look up to me in Ghana – Mohammed Kudus
1 hour -
Dr. Lawrence Tetteh to march on Jubilee House over Akufo-Addo’s refusal to assent to anti-LGBTQ+ bill
2 hours -
Ghanaian midfielder Jeffrey Schlupp extends Crystal Palace stay until 2025
2 hours -
Leading with AI: Empowering CEOs in Ghana for the future
2 hours -
Kumasi: Thousands of Suame Magazine artisans risk evacuation
2 hours -
Mrs Vivien Badu Antwi
2 hours -
Akufo-Addo, Asantehene to commission $300m Kumasi International Airport today
3 hours -
Guru begins bid for University of Ghana’s SRC presidency
3 hours -
My ‘Agric for Wealth’ policy is a game-changer for Ghanaian farmers – Presidential aspirant, George Twum-Barimah-Adu
3 hours -
Mistrust, poor communication to blame for NDC and EC contention – CDD’s Boateng Asiamah
3 hours -
All Regional Games: Asamoah Gyan walks flamed torch through Northern, Upper East and Bolgatanga
3 hours