Most of our activities in 2016 were primarily focused on achieving our goal of creating value for all stakeholders.
To this end, we recorded a profit after tax of GH¢ 24.2 million.
Net interest income for the year stood at GH¢ 112.4 million relative to GH¢ 84.4 million in 2015, representing a 33% growth. This achievement was driven by aggressively growing our Public sector loans and maintaining the efficiency of our balance sheet evolution with 80% being earning assets.
Fees and commission went up from GH¢17.5million in 2015 to GH¢ 20.5 million representing a 17% growth. Our strategic focus on retail activities brought improvements in Loan fee income, Exchange profit and other charges at the branch level.