Ecobank Ghana’s pre-tax profit rose 40.68% to 353.3 million GH ¢ (about $ 73 million) in the first nine months of the year, according to unaudited financial statements. the bank.
According to the same source, deposits increased by 26.12% year on year, from 5.7 billion GH ¢ in September 2017 to 7.4 billion GH ¢. Loans also increased by 20.70% (4.3 billion GH ¢ compared to 3.5 billion GH ¢ a year earlier).
The bank also has a capital of 416 million GH ¢ as of September 30, 2018.
Trending
- CGF Bourse Honored in the Order of Recognition of the African Guarantee and Economic Cooperation Fund (FAGACE) and Elevated to the Rank of Commander by the Board of Governors
- Moody’s Upgrades African Banking Sector Outlooks, Kenya and WAEMU Stabilize; Egypt and Nigeria Gain Momentum
- At G20 meetings, Claver Gatete calls for unified voice to address Africa’s urgent economic priorities
- Global Gateway: Partnership between EBID and EIB to promote climate action and environmental sustainability projects in the ECOWAS region
- Rémy Rioux, CEO of AFD Group : « Finance in Common concretely strengthens and renews development financing »
- Kenya raises $1.5 billion in new Eurobond
- World Food Programme stops aid in Sudan’s Darfur camp on attacks
- Kenyan CEOs claim growing taxes, business costs threat to expansion