Audio By Carbonatix
The profits of Stanbic Bank hit 108 million Ghana cedis last year. This represents almost 90 percent jump in that of 2012.
According industry watchers, this is the bank's best performance since it began operations in the country. The bank's income from interest earning businesses increased to 302 million Ghana cedis.
Stanbic also made some strides in deposit mobilization and loans advanced to customers.
However the loans that managers fear might go bad increased to 14.6 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
-
Africa’s top editors converge in Nairobi to tackle media’s toughest challenges
38 minutes -
Specialised courts, afternoon sittings to tackle case delays- Judicial Secretary
41 minutes -
Specialised high court division to be staffed with trained Judges from court of appeal — Judicial Secretary
1 hour -
Special courts will deliver faster, fairer justice — Judicial Secretary
2 hours -
A decade of dance and a bold 10K dream as Vivies Academy marks 10 years
2 hours -
GCB’s Linus Kumi: Partnership with Ghana Sports Fund focused on building enduring systems
3 hours -
Sports is preventive healthcare and a wealth engine for Ghana – Dr David Kofi Wuaku
3 hours -
Ghana Sports Fund Deputy Administrator applauds GCB’s practical training for staff
3 hours -
Ghana Sports Fund strengthens institutional framework with GCB Bank strategic partnership
3 hours -
UBIDS to Complete Abandoned Projects Following GETFund Financial Clearance – Vice Chancellor
3 hours -
Nii Moi Thompson questions Anokye Frimpong’s ‘distorted history’ narratives
4 hours -
Anthony O’Neal set to receive Ghanaian citizenship, prepares to launch ‘Class on the Bus’ Initiative
4 hours -
South Tongu MP inspects GH₵500,000 surgical equipment, supports District Court with logistics
5 hours -
Kpasec 2003 Year Group hosts garden party to rekindle bonds and inspire legacy giving
7 hours -
Financing barriers slowing microgrid expansion in Ghana -Energy Minister
7 hours