- posts 128.04% growth in profit
- shareholders get 20% returns on current 0.50p share price
By Seth KRAMPAH, Kuntanase
Bosomtwe Community Bank PLC at Kuntanase in the Bosomtwe District of Ashanti Region has posted one of its most impressive financial performances in recent years, recording a remarkable 128.04% growth in profit before tax for the 2025 financial year.
The profit rose sharply from GH¢12.09 million in 2024 to GH¢27.59 million in 2025, underscoring the bank’s resilience, operational efficiency, and strengthened customer confidence.
Dividend Payment
In recognition of the strong financial performance the Board of Directors has proposed the payment of a dividend-per-share of GH¢0.10p which gives a return of 20% on the Bank’s current share price of GH¢0.50p. The regulator has given its exceptional approval to pay the proposed dividend to shareholders.
The Board of Directors hopes that the Bank’s performance will continue to improve and move towards such a positive direction to enable the continuous payment of Dividend in the years ahead.
Shareholders have been assured that the Board remained committed to balancing returns with prudent capital retention to support future growth, regulatory compliance, and sustainability.
The Chairman of the Board of Directors, Isaac Awuku Tettey announced these and more at the Bank’s 36th Annual General Meeting of shareholders held last Tuesday at the church auditorium of St George’s Catholic Church at Kuntanase in Ashanti; where shareholders were assured of the bank’s continued commitment to growth, sustainability, and shareholder value.
Strong Deposit Mobilization
The bank’s deposit base expanded significantly, rising from GH¢297.26 million in 2024 to GH¢392.86 million in 2025, representing a 32.16% growth. According to the Chairman, this achievement was driven by strengthened customer relationships, improved service delivery, and aggressive deposit mobilization strategies.
He emphasized that the growth in deposits reflected the confidence customers continue to place in Bosomtwe Community Bank, adding that management and staff worked tirelessly to ensure that depositors’ funds were safeguarded while offering competitive services.
Prudent Investment Strategy
Bosomtwe Community Bank’s investment portfolio also recorded substantial growth. Investments in government securities increased from GH¢223.45 million in 2024 to GH¢302.83 million in 2025, representing a 35.52% rise.
The Chairman explained that this growth was the result of a prudent investment strategy aimed at preserving liquidity, safeguarding depositors’ funds, and ensuring stable returns despite the prevailing high interest rate environment.
Loans and Advances Expansion
The bank’s loan portfolio grew by 37.41%, rising from GH¢50.69 million in 2024 to GH¢69.65 million in 2025. Mr. Tettey noted that this expansion demonstrated the bank’s commitment to supporting businesses, farmers, traders, salaried workers, and SMEs within its operational areas.
He added that the increase in loans and advances was part of management’s deliberate strategy to diversify income sources and reduce over?reliance on investment income, particularly in the face of declining Treasury bill rates.
Share Capital Growth
Bosomtwe Community Bank’s paid?up capital rose from GH¢5.44 million in 2024 to GH¢6.18 million in 2025, representing a 13.58% increase. The Chairman commended shareholders for their continued confidence and commitment, stressing that a strong capital base was essential to support business expansion, enhance resilience, and improve competitiveness.
He encouraged shareholders to increase their stakes and actively participate in the affairs of the bank to ensure long?term sustainability.
Asset Growth and Shareholders’ Fund
The bank’s total assets grew from GH¢327.47 million in 2024 to GH¢441.16 million in 2025, representing a 34.72% increase. Shareholders’ funds also strengthened significantly, rising from GH¢19.26 million in 2024 to GH¢31.51 million in 2025, a growth of 63.60%.
Mr. Tettey explained that the growth in assets and shareholders’ funds was a clear manifestation of the confidence customers and shareholders had in the bank, adding that retained earnings and improved balance sheet growth further supported the bank’s capital adequacy compliance.
Corporate Social Responsibility
Bosomtwe Community Bank continued to demonstrate its commitment to community development through Corporate Social Responsibility (CSR). In 2025, the bank invested GH¢200,450 in various interventions, including support for security agencies, education, local government institutions, and community development projects.
The Chairman highlighted that CSR remained a core pillar of the bank’s operations, reflecting its role as a responsible corporate citizen.
Future Outlook
Looking ahead, Mr. Tettey stated that the bank’s strategic goal was to increase its share capital to GH¢10 million within the next two years while implementing prudent measures to strengthen profitability, enhance operational efficiency, and maximize shareholder value.
He expressed optimism that with the continued support of shareholders, customers, and regulators, Bosomtwe Community Bank would achieve sustainable growth and create greater value for all stakeholders.
CEO’s Perspective: Driving Growth Through Strategy
In an interview after the AGM, the Chief Executive Officer, Francis Agyei Bekoe, recounted some of the operational strategies the bank would embark on to consolidate its gains and maintain the current trajectory of growth.
He noted that deposit mobilization would remain a key focus, with management set to introduce innovative savings products tailored to households, SMEs, and youth entrepreneurs.
He explained that leveraging digital platforms would make banking more accessible and deepen customer confidence, thereby sustaining deposit growth.
Mr. Bekoe further stated that product innovation would be prioritized, with the bank planning to roll out new financial solutions that respond to evolving customer needs. He emphasized that diversifying income streams beyond traditional banking would help strengthen profitability while ensuring resilience against market fluctuations.
On share capital, the CEO highlighted that management would embark on a targeted capital mobilization drive, encouraging existing shareholders to increase their stakes while attracting new investors. He stressed that a stronger capital base would empower the bank to seize emerging opportunities in Ghana’s financial sector and meet regulatory requirements.
Mr. Bekoe concluded by assuring shareholders and customers that Bosomtwe Community Bank was well?positioned to sustain its growth momentum. He reiterated management’s commitment to operational excellence, innovation, and customer satisfaction, noting that these strategies would ensure the bank remains competitive and profitable in the years ahead.
The post Bosomtwe Community Bank records impressive growth appeared first on The Business & Financial Times.
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