Amanano Community Bank delivers impressive operational performance.

• records GH¢ 19.2million profit before tax
• offers bonus shares to meet new capital requirement

Amanono Community Bank PLC, at Nyinahin, in the Atwima Mponua District of the Ashanti Region has recorded another impressive operational performance and a remarkable growth in all financial indicators in the 2025 year under review.

The Bank has recorded another unprecedented profit before tax of approximately GH¢19.2 million in the 2025 year under review as against a little over GH¢13.3 million in the previous year, representing a growth of 44.4%.

By this, the Board of Directors has congratulated management and staff for the remarkable approximately GH¢6million profit growth, which translates in absolute terms and has therefore been urged to work much harder towards increasing the Bank’s profitability to increase shareholders’ investments.  Directors of the bank have also been commended for their strategic direction and decisiveness in achieving this remarkable success.

Dividend Payment

The Bank recorded a strong financial performance in 2025 and is therefore in a position to declare dividends to reward its cherished shareholders for their continued loyalty and investment in the Bank.

However, under the ongoing microfinance sector reforms introduced by the Bank of Ghana, all Rural and Community Banks are required to have, as a minimum, a Stated Capital of GH¢5,000,000 by 31st December 2026 in order to be operational.

As at 31^st December 2025, the Bank had a Stated Capital of GH¢ 3.08 million, leaving a shortfall of just GH¢ 1.9 million to meet the revised regulatory requirement.

In view of this strategic and regulatory imperative, the Directors have recommended that the proposed dividends of GH¢ 1.95 million for the year ended 31st December 2025 be capitalised and transferred from Retained Earnings to Stated Capital, instead of being paid in cash, but as bonus shares to shareholders.

The proposed capitalisation is equivalent to GH¢ 0.15 (15 Ghana pesewas) per share on 13,005,060 ordinary shares, being the number of shares that qualified for a dividend as at date of close of register in September 2024.

This recommendation will strengthen the Bank’s capital base, accelerate compliance with the revised minimum capital requirement, enhance the Bank’s lending capacity and position the Bank to deliver greater long-term value and sustainable returns to shareholders.

In spite of the Bank’s significant progress toward this target, continued shareholder support remains critical to achieving and surpassing this regulatory threshold.

The Bank’s ordinary shares continue to be offered at a highly attractive price of GH¢ 0.30 per share, presenting an excellent opportunity for both existing and prospective shareholders to increase their ownership stake in a growing and profitable institution.

Shareholders have therefore been urged to acquire additional shares and invite prospective investors to buy shares in the bank, which will strengthen the Bank’s Capital Adequacy Ratio, enhance lending capacity, support branch expansion and digital transformation, improve resilience against economic shocks and position the Bank to deliver stronger and more sustainable returns to shareholders.

Chairperson of the Board of Directors, Oheneyere  Mrs Augustina Asare Osei, announced these and more at the bank’s 38th AGM of shareholders held last Friday at Nyinahin.

Operating Environment

According to her, Ghana’s banking sector maintained strong resilience and stability in 2025, supported by improved deposit mobilisation, strengthened capital positions and enhanced regulatory supervision by the Bank of Ghana.

The sector recorded significant growth in its balance sheet during the year under review. Total assets of the banking industry increased to approximately GH¢420 billion in 2025, representing an estimated growth of about 14.2% from GH¢367.8 billion recorded in December 2024. The aforementioned improvement was largely driven by increased customer deposits, growth in investment securities and expansion in credit portfolios.

Community Banks (CBs) continued to play a critical role in promoting Financial inclusion and supporting grassroots economic development across Ghana in 2025.

The sector remained an important component in Ghana’s financial architecture by providing banking services to rural communities, small businesses and micro-entrepreneurs.

The CB sector maintained the largest banking network in the country with over 850 branches nationwide, serving more than 5 million active customers across rural and peri-urban communities.

Crucially, the financial performance of the sector continued to improve in 2025. Total assets of Community Banks increased to approximately GH¢ 21.25 billion in 2025, representing an estimated growth of about 14.3% from GH¢ 18.59 billion recorded in 2024.

Despite these achievements, Community Banks continued to face operational challenges, including regulatory compliance costs, credit risk exposure within the SME sector and increasing competition from commercial banks and Fintech institutions.

In spite of the challenging macroeconomic environment coupled with some industry specific challenges pertained during the reviewed year, the bank managed to pull a remarkable unprecedented operational performance in all key financial indicators as indicated in the table.

Corporate Social Responsibility

The Bank continues to provide support to various state institutions and stakeholders within its catchment areas. Some projects supported within the bank’s catchment areas during the year under review included that of the Traditional Councils, Ghana Education Service (GES), the Ghana Police Service, some government health facilities and support for Farmers’ Day Celebration.

For the year 2025, a total of GH¢397,378 was spent on CSR programmes for local communities compared with GH¢124,971.

The Bank undertook several high-impact initiatives, including the refurbishment of the Salem D/A Model Basic School at Nyinahin, donation of educational and ICT materials to schools and educational institutions, healthcare support to the Bibiani and Nyinahin Government Hospitals, sponsorship of Farmers’ Day activities and women in agriculture.

The Board Chairperson stressed that the bank is socially responsible and would continue to support projects and engage in environmentally friendly activities in the years ahead.

Interview with the CEO

The Chief Executive Officer, Daniel Bediako, in an interview emphasized that the bank was committed to strengthening its share capital base to meet regulatory requirements. He remarked that management had already initiated strategies to encourage existing shareholders to increase their stakes while also attracting new investors through transparent governance and consistent performance.

He noted that a stronger capital foundation would not only satisfy regulatory demands but also position the bank to seize emerging opportunities in the financial sector.

Mr. Bediako further stated that profitability remained a central focus of the bank’s operations. He explained that the bank would diversify its income streams by introducing innovative financial products and expanding fee‑based services.

He added that management was determined to balance growth with prudence, ensuring that lending activities were directed toward productive sectors such as agribusiness and small enterprises. According to him, this approach would enhance returns while minimizing risks, thereby driving sustainable profitability.

On operational efficiency, the CEO indicated that the bank was investing in digital transformation to streamline processes and reduce overhead costs. He mentioned that the adoption of modern banking technologies would improve customer service delivery, enhance transaction speed, and strengthen internal controls.

He stressed that efficiency gains would not only reduce operational expenses but also improve the overall customer experience, making Amanano Community Bank more competitive in the industry.

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