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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Republic Bank Ghana PLC has reported a solid first-quarter performance for the financial year 2025, recording a GH¢63.5 million profit at the group level, a 26.1% increase compared to the GH¢50.4 million posted in the same period in 2024.
The achievement comes despite a challenging macroeconomic backdrop and tight credit conditions.
The bank’s net interest income rose 17.6% year-on-year to GH¢182.2 million, up from GH¢154.9 million, supported by higher interest rates and increased lending activity. Republic Bank’s capital adequacy ratio (CAR) stood at 18.85%.
The bank maintained profitability, reporting a pre-tax profit of GH¢95.1 million, up 21.3% year-on-year.
Source: newsthemegh.com