Ghana : banking sector rebounds with 51.4% increase in net profit


Ghanaian banks ended this first half of 2023 with a net profit of $374.8 million, up 51.4%, compared to $244.1 million), posted during the same period in 2022. More of revenue growth, total assets at end-June 2023 reached 242.4 billion cedis, up 21.2% year-on-year. These developments resulted in a 51.2% increase in pre-tax profit in June 2023, compared to 20.8% growth recorded in the same period a year ago.



Source: Africa News Agency

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