Procedures to improve loan administration have been started by Sekyere Rural Bank PLC.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Sekyere Rural Bank PLC has commenced processes to increase its loan administration to improve profitability in subsequent years.

Financial indicators have revealed the bank will hit record profit margins by the close of 2025.

Already, a profit increase of 246 percent was recorded in 2024, putting the company on the path of recovery after the setback caused by the Domestic Debt Exchange Program.

The rise was driven mainly by deposits and strengthened loan administration.

Source: newsthemegh.com