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GCB Bank Limited recorded a net profit improvement with a net profit of 323.13 million euros for the year ended 2018.
This translates into growth of $ 110.42 million over the $ 212.72 million recorded in fiscal 2017.
Sales growth was significant despite the banking sector's instability: in 2018, total revenue was ¼1,260 million, compared to ¤1,113 million in 2017.
GCB headquarters in Accra. Source: gcbbank.com.gh
Source: UGC
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The Bank also took the initiative by raising 1,379 million ¢ to close the year with 8,335 million £ in deposits.
GCB also presented a total badets balance of 10,635 million euros, making this bank the largest badet base in Ghana.
See extract below:
GCB profit extract. Source: gcbbank.com.gh
Source: UGC
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Source: Yen.com.gh
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