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NYINAHIN, ASHANTI REGION _The Nyinahinhene, Nana Dr. Ampene Boateng Twum II, has publicly commended the Board and Management of Amanano Rural Bank PLC for their exceptional leadership and dedication in steering the bank toward a path of strong recovery and growth.
Speaking at the bank’s 38th Annual General Meeting (AGM) held in Nyinahin, the traditional leader praised the institution’s ability to overcome previous financial losses through effective and efficient management.
In a firm address to stakeholders, Nana Dr. Ampene Boateng Twum II cautioned against attempts to destabilize the bank, specifically warning individuals against issuing malicious or unnecessary petitions to the Bank of Ghana.
He emphasized that such actions, intended to disgrace the institution, are counterproductive and declared that those found culpable would face the full rigors of the law.
He further directed his counsel to the bank’s staff, warning them that the unauthorized disclosure of internal banking information is unlawful and must cease immediately to protect the bank’s integrity.
Following the commendation, Board Chairperson Oheneyere Augustina Asare Osei presented an impressive financial report for the 2025 fiscal year, highlighting a period defined by strategic growth despite a challenging economic environment. The bank recorded a 46.2% surge in gross profit, rising from GH¢13.1 million in 2024 to GH¢19.2 million in 2025.
The bank’s financial health saw across-the-board improvements. Total assets expanded by 26.5%, growing from GH¢226.9 million in 2024 to GH¢287.1 million in 2025, while customer deposits grew by 32.0% to reach GH¢255.1 million. Lending activities also saw a significant uptick, with net loans and advances rising by 84.46% to GH¢94.42 million. Furthermore, the investment portfolio expanded by 43.7% to GH¢159.2 million.
Oheneyere Asare Osei noted that shareholders’ funds more than doubled, showing an exceptional growth of 106.67% to reach GH¢18.05 million in 2025, while the Capital Adequacy Ratio improved to 12.96% from 8.5% the previous year. In light of this performance and a robust profit after tax of GH¢9.57 million, the Board has proposed a bonus share issue of GH¢1.91 million to strengthen the capital base. Regarding the bank’s locked-up funds of GH¢6.1 million, the Chairperson assured shareholders that the Board remains in active engagement with the government for a resolution.
Building on the bank’s solid financial foundation, CEO Mr. Daniel Bediako highlighted the institution’s commitment to its Corporate Social Responsibility (CSR).
The bank substantially increased its social investment by 218%, moving from GH¢124,971 in 2024 to GH¢397,378 in 2025.
These funds were channeled into high-impact community projects, including the refurbishment of the Salem D/A Model Basic School in Nyinahin, donations of educational and ICT equipment, healthcare support for the Bibiani and Nyinahin government hospitals, and vital support for local farmers and women in agriculture.
The AGM was attended by key stakeholders, including representatives from the Bank of Ghana, the Association of Rural Banks, and various executives from the Ashanti Region’s banking community, all of whom acknowledged the bank’s significant progress.
Story by Anita Frimpong