The Highlights of the Group’s Half-Year 2023 Results

Profit & Loss

  • Net Fees and Commissions Income increased by 26.76%
  • Net Interest Income decreased by 8.05%
  • Operating expenses increased by 24.85%
  • Profit after Tax decreased by 20.22%

Balance Sheet

  • Total Assets decreased marginally by 3.01 %
  • Net Loans & Advances to Customers increased by 20.14%
  • Total Deposits increased by 24.71%.
  • Capital Adequacy ratio decreased from 17.00% to 7.10%
  • NPL Ratio increased from 9.00% to 12.00%

Shareholder Ratios

  • ROAA decreased from 2.70% to 2.30%
  • ROAE increased from 20.1% to 23.7%
For further information, contact Dzifa Amegashie, Head-Investor Relations on  damegashie@calbank.net