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GCB turns margin compression test into statement of strength with a sterling half-year performance

By GhanaSummary Newsroom1 min read
GCB turns margin compression test into statement of strength with a sterling half-year performance

It also reinforced the decline in funding costs that supported net interest income, linking the Bank’s balance-sheet growth directly to the resilience of its earnings.

Deposit growth funded a substantial expansion in loans and investments, while higher non-funded income, improved operating efficiency, and a lower impaired-loan ratio enhanced the quality of the result.1 percent at the end of the first half of the year.

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