Access Bank Ghana Plc has announced impressive financial results for 2023, with total assets growing by 22.3% to GHS12.30 billion, up from GHS10.057 billion in 2020. Operating income also saw a significant increase of 40% to GHS1.613 billion, compared to GHS1.150 billion in 2022. Loans and advances rose by 42.81%, demonstrating the bank’s commitment to supporting businesses and individuals.
Presenting the financial statements at the bank’s 16th Annual General Meeting in Accra, Board Chairperson, Ms. Ama Bawuah, attributed the achievements to the bank’s dedication to navigating challenges and fostering sustainable growth. She highlighted the implementation of digital products and services, such as the virtual relationship management (VRM) tool, to enhance customer service support.
Managing Director, Olumide Olatunji, reiterated the bank’s resilience and stability, noting a remarkable turnaround in tax remittances to the government, from a negative contribution of GHS102 million to an impressive 509% increase to GHS419 million. Shareholders’ funds also experienced substantial growth, from GHS1.014 billion to GHS1.403 billion.
These impressive results demonstrate Access Bank Ghana Plc’s commitment to expansion, innovation, and customer convenience, solidifying its position as a leading bank in Ghana.
Ruth Abla ADJORLOLO
