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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
The banking industry’s profit after tax increased by 32.6% to GH¢7.2 billion in June 2025, the Bank of Ghana has revealed in its July 2025 Monetary Policy Report.
This is compared with the 25.5% growth recorded in June 2024.
The profit before tax also rose by 32.2% to GH¢10.8 billion, from GH¢8.1 billion in June 2024.
According to the report, the higher growth in profit during the first half of this year was due to increases in interest income and other income lines in 2025 relative to the same period in 2024.
Generally, all income lines increased at higher growth rates in June 2025 compared to the same period last year.
Source: newsthemegh.com