OmniBSIC Bank Ghana Ltd., the fastest-growing bank in the nation, has performed admirably in 2025, with profit before tax rising by 104% to GH¢641 million because to a rapidly growing balance sheet, higher net interest income, and excellent trade gains.
Customer deposits doubled to GH¢16.56 billion, while the Bank’s total assets more than doubled to GH¢21.58 billion due to robust increase in cash balances and investment securities.
This indicates that the local lender is expanding its market share considerably.
According to recent analyses of the bank’s 2025 financial performance, OmniBSIC Bank has established itself as a preferred destination for customers looking for greater liquidity and lending capacity due to the robust rise in deposits and assets.
Daniel Asiedu, the bank’s managing director, stated that the increase in earnings and trading gains also allows the bank to invest in growth and expand loans to the private sector during a period when the economy is exhibiting good signs of stability.
Mr. Asiedu, a well-known, disciplined banker with influence throughout the whole industry sector, stated, “For the economy, our rapid expansion underscores a gradual restoration of confidence in the financial system and points to a more resilient flow of capital to support economic activity.”
A closer look at OmniBSIC Bank’s results further showed strong growth momentum.
While net interest income increased from GH¢545.8 million to GH¢1.17 billion, interest income nearly doubled to GH¢2.46 billion.
Stronger pricing and a larger, more productive balance sheet were demonstrated by the increase in net income. With net fees increasing to GH¢109.1 million and trading income reaching GH¢143.4 million, fees and trading lines also produced outstanding results.
In the end, this caused the bank’s operational income to quadruple from GH¢746.1 million in 2024 to GH¢1.43 billion.
Despite absorbing greater expenditures, like as GH¢362.1 million in personnel expenses and GH¢268.2 million in other operating costs during the reviewed year, OmniBSIC was able to double pre-tax profit to GH¢640.9 million, demonstrating resilience.
The outcomes also demonstrated an improvement in the bank’s risk indicators.
Its capacity to absorb losses was strengthened as the capital adequacy ratio increased to 17.84 percent from 13.66 percent and the non-performing loan ratio decreased to 23.09 percent last year from 26.99 percent in 2024.
Despite a minor weakening, liquidity remained very robust.
The findings showed that around 95% of all client deposits may still be covered by the bank’s cash and near-cash assets.
According to the findings, guarantees and other off-balance sheet commitments decreased to GH¢803 million from GH¢1.19 billion, indicating that the bank had fewer riskier liabilities in the background.
On the balance sheet, bank cash and balances increased to GH¢9 billion, investment securities to GH¢10.19 billion, and loans and advances to GH¢1.39 billion. This conservative asset mix maintains profitability and liquidity as credit conditions normalise.
The findings demonstrated that bank deposits increased to GH¢3.58 billion, offering more flexibility for wholesale finance in addition to the robust base of corporate and household deposits.
Due to regulatory transfers and retained earnings, shareholders’ funds grew to GH¢1.11 billion.
The MD of OmniBSIC, who is also the Chairman of the International Presbytery of Fountain Gate Chapel (FGC) and a reverend minister, stated that the bank was prepared to assist companies in growing.
According to him, the 95 percent liquidity ratio and operating cash generation exceeding GH¢12 billion allowed it greater flexibility to help customers and expand loans in a targeted manner.
Source: newsthemegh.com