GCB Bank Limited posted a significantly improved bottom line with a net profit of ¢323.13 million for the year ended 2018.
This translates into growth of ¢110.42 million over the ¢212.72 million recorded in the 2017 financial year.
Top line growth was appreciable despite instability in the banking industry with 2018 recording ¢1,260 million as total income compared to ¢1,113 million recorded in 2017.
The Bank further took the lead in mobilizing ¢1,379 million to end the year with ¢8,335 million in deposits.
GCB also chronicled total assets of ¢10,635 million making it the Bank with the largest asset base in Ghana.
What do you think about this piece? Share your comment in the comment thread and share the story using the social media buttons above. You may reach the editor on 0249579664. Thank you.
