60
Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Bayport Savings and Loans has reported strong financial performance for the first half of 2025, marked by robust growth in profitability, deposits, and lending, alongside improved operational efficiency.
Speaking during the Facts Behind the Figures session at the Ghana Stock Exchange (GSE) on Thursday, August 21, 2025, the Managing Director of Bayport, Akwasi Aboagye, disclosed that the company’s half-year profit rose by 75% compared to the same period in 2024, while deposits surged by 63%.
On efficiency, Bayport’s cost-to-income ratio declined to 59.5%, down from 67% a year earlier.
Bayport also strengthened its capital position, raising stated capital from GHS 29 million to GHS 50 million, while its capital adequacy ratio stood at 11.9% in the second quarter.
Source: newsthemegh.com