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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd
First Atlantic Bank PLC has held its Annual General Meeting in Accra, presenting shareholders with a strong financial performance for 2025 and an ambitious outlook for the year ahead.
At the meeting on Tuesday, 7th April, the Board Chairman, Amanquaye Armar, highlighted the bank’s sustained growth, underpinned by prudent management and strategic investments.
According to him, profit before tax rose by 30.5 percent to GH¢ 703 million, while net interest income increased significantly by 67.1 percent to GH¢ 952.7 million.
The bank’s Capital Adequacy Ratio stood at 20.6 percent, well above the prudential minimum of 13.0 percent.
Source: newsthemegh.com