CEO Dr. Alex Asmah credited the bank's success to strategic cost management
Amenfiman Rural Bank PLC, located in Wasa Akropong, has been named the Overall Best Rural Bank in Ghana for the 2022/2023 financial year at the Rural and Community Banks Excellence Awards.
The bank also won five additional awards: Regional Best Bank – Western Region, RCB with Largest Balance Sheet, Most Profitable RCB (2nd Runner Up), Best Deposit Mobilization Bank, and Best in Mobile Banking.
The bank's exceptional performance was highlighted by a pretax profit of GH¢24 million in 2023, a 127% growth from GH¢10.7 million in 2022, and a return on equity increase to 13.6%.
CEO Dr. Alex Asmah credited the bank's success to strategic cost management and focus on high-margin products, dedicating the awards to customers, shareholders, and employees.
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