GCB Bank posts record GH¢3.17bn profit, driven by robust deposit growth and loan expansion
GCB Bank PLC, Ghana’s largest indigenous bank, reported a record Profit Before Tax (PBT) of GH¢3.17bn for the 2025 financial year, a 67.4% increase from the previous year.
The bank’s strong performance was underpinned by a 19.7% growth in customer deposits to GHS41.3bn, driving a 23% expansion in its balance sheet to GHS52.6bn.
This fueled a 56.8% year-on-year expansion in the loan book to GHS16.39bn, as credit demand recovered alongside Ghana’s broader economic rebound.
Operating income increased by 40.9% year-on-year to GHS6.3bn, driven by growth in both interest and non-interest income. Interest income grew 38.3% despite a sharp decline in interest rates, while non-funded income rose 58% year-on-year.
The bank’s Non-Performing Loan (NPL) ratio fell to 10.3% from 15.1% in 2024, with the cost of risk declining to 1.3% from 4.3%. The capital adequacy ratio stood at 18.0%, well above the regulatory floor of 13%.
Commenting on the results, Managing Director Farihan Alhassan said the bank’s strategy is focused on diversifying its platform and driving sustainable growth. “The 2025 results were not accidental; they reflect steady leadership, deliberate strategic choices, and disciplined execution across the bank,” he said.
