GCB Bank PLC has reported a record Profit Before Tax (PBT) of GHS 1.91 billion for 2024, a 25.3% year-on-year increase, marking the successful completion of its four-year strategic cycle.
Revenue grew by 19%, fueled by a 19.02% rise in interest income, a 42.72% surge in non-funded income, and an 8.41% increase in net trading income.
Managing Director of GCB Bank, Farihan Alhassan stated, "This is our best performance in history, but we aim to further enhance efficiency." "However, there is still room for improvement in our efficiency metrics.
With sizeable investments in systems, talents, and people, we are on course to enhance efficiency across our network," GCB Bank's MD, Farihan Alhassan added.
