Steward News & Business Communications
No Result
View All Result
Get feed On Mobile
Thursday, June 11, 2026
  • Home
  • Business
  • Economy
  • Investment
  • Real Estate
  • Tech News
  • Law
  • Health
  • Sports
  • Markets
  • Politics
Steward News & Business Communications
  • Home
  • Business
  • Economy
  • Investment
  • Real Estate
  • Tech News
  • Law
  • Health
  • Sports
  • Markets
  • Politics
No Result
View All Result
Steward News & Business Communications
Get
No Result
View All Result
Home Business

Ecobank Ghana Records 28% Growth in Pre-Tax Profit, Reaches GH¢3.03 Billion

June 11, 2026
Ecobank Ghana Records 28% Growth in Pre-Tax Profit, Reaches GH¢3.03 Billion
Share on FacebookShare on Twitter

Ecobank Ghana has announced a strong financial performance for 2025, posting a Profit Before Tax of GH¢3.03 billion, representing a 28% increase compared to the previous year.

The bank’s Profit After Tax also rose to GH¢1.82 billion, while shareholders’ funds grew significantly from GH¢5.4 billion to GH¢7.2 billion, highlighting its strong financial position and steady growth trajectory.

Ecobank’s Capital Adequacy Ratio improved from 17.48% to 21.48%, demonstrating enhanced financial resilience. Customer deposits increased to GH¢31.6 billion, strengthening the bank’s liquidity and capacity to support future expansion.

Total assets climbed to GH¢47.3 billion, while loans and advances grew by 24% to GH¢13.1 billion, reflecting increased support for businesses and economic activities.

Chief Financial Officer for Ecobank Ghana and Anglophone West Africa, Newlove Kwame Adjei, attributed the bank’s impressive performance to prudent risk management, operational discipline, sustainable earnings growth, and a resilient balance sheet.

He reaffirmed Ecobank’s commitment to supporting businesses, facilitating trade, driving innovation, and delivering long-term value to customers, shareholders, and the broader economy.

Suggested

Kasapreko’s IPO attracts investor bids totaling GH¢1.72 billion.
Economy

Kasapreko’s IPO attracts investor bids totaling GH¢1.72 billion.

June 11, 2026

Kasapreko PLC’s Initial Public Offering (IPO) has received an exceptional response from investors, with total applications reaching approximately GH¢1.72 billion—more...

Ghana’s economy grew by 6.4% in the first quarter of 2026, with strong contributions from the services and mining sectors.

Ghana’s economy grew by 6.4% in the first quarter of 2026, with strong contributions from the services and mining sectors.

June 11, 2026
A U.S. official has alleged that the suspended referee had connections to organizations classified as terrorist groups.

A U.S. official has alleged that the suspended referee had connections to organizations classified as terrorist groups.

June 11, 2026
Afoko Supports Completion of Volta NPP Office with 400 Bags of Cement and GH¢30,000

Afoko Supports Completion of Volta NPP Office with 400 Bags of Cement and GH¢30,000

June 11, 2026
Ecobank Ghana Records 28% Growth in Pre-Tax Profit, Reaches GH¢3.03 Billion

Ecobank Ghana Records 28% Growth in Pre-Tax Profit, Reaches GH¢3.03 Billion

June 11, 2026
🚨 Flood Alert: KNUST–Mecca Road Bridge Submerged After Heavy Rain.

🚨 Flood Alert: KNUST–Mecca Road Bridge Submerged After Heavy Rain.

June 11, 2026
  • Trending
  • Comments
  • Latest
Nollywood Actor Alex Ekubo dies at 40

Nollywood Actor Alex Ekubo dies at 40

May 14, 2026
New Era for Ghana Football as Port City FC, AshantiGold ’04 and Debibi United Secure Historic GPL Promotion

New Era for Ghana Football as Port City FC, AshantiGold ’04 and Debibi United Secure Historic GPL Promotion

May 14, 2026
NHIA suspends pharmacies over suspected fraudulent NHIS claims

NHIA suspends pharmacies over suspected fraudulent NHIS claims

May 14, 2026
US Authorities Arrest Ghanaian Twins Over Alleged Romance Fraud and Money Laundering Scheme.

US Authorities Arrest Ghanaian Twins Over Alleged Romance Fraud and Money Laundering Scheme.

May 16, 2026
Full list of 16 DVLA offices with extended working hours from 6:00 am to 10:00 pm

Full list of 16 DVLA offices with extended working hours from 6:00 am to 10:00 pm

NHIA suspends pharmacies over suspected fraudulent NHIS claims

NHIA suspends pharmacies over suspected fraudulent NHIS claims

Nollywood Actor Alex Ekubo dies at 40

Nollywood Actor Alex Ekubo dies at 40

New Era for Ghana Football as Port City FC, AshantiGold ’04 and Debibi United Secure Historic GPL Promotion

New Era for Ghana Football as Port City FC, AshantiGold ’04 and Debibi United Secure Historic GPL Promotion

Kasapreko’s IPO attracts investor bids totaling GH¢1.72 billion.

Kasapreko’s IPO attracts investor bids totaling GH¢1.72 billion.

June 11, 2026
Ghana’s economy grew by 6.4% in the first quarter of 2026, with strong contributions from the services and mining sectors.

Ghana’s economy grew by 6.4% in the first quarter of 2026, with strong contributions from the services and mining sectors.

June 11, 2026
A U.S. official has alleged that the suspended referee had connections to organizations classified as terrorist groups.

A U.S. official has alleged that the suspended referee had connections to organizations classified as terrorist groups.

June 11, 2026
Afoko Supports Completion of Volta NPP Office with 400 Bags of Cement and GH¢30,000

Afoko Supports Completion of Volta NPP Office with 400 Bags of Cement and GH¢30,000

June 11, 2026

© 2025 SNBC News

No Result
View All Result
  • Home
  • Business
  • Economy
  • Investment
  • Real Estate
  • Tech News
  • Law
  • Health
  • Sports
  • Markets
  • Politics

© 2025 SNBC News