The Amanano Rural Bank has seen a sharp drop in its net profit ? a decline of about 52 per cent.
From the 2012 total of GH?711,871, it came down to GH?338,904, last year.
Nana Adjei Manu-Berchie, the Board Chairman, said this was the result of the difficult economic environment.
Addressing the 27th annual general meeting of the shareholders of the bank at Nyinahin in the Atwima-Mponua District, he said the collapse of some micro-finance institutions was another contributory factor.
He said despite the harsh economic situation, it continued to live up to its corporate social responsibility to the communities where it was doing business.
The bank, apart from the financial support given to community development projects, has also been providing assistance to brilliant children from poor homes to pursue academic careers.
Nana Manu-Berchie said the bank was determined to provide effective leadership and to introduce innovative products to sustain the bank on the path of growth.
He said the prospects looked good and that the future offered a lot of hope.
The bank, last year, won an international award for leadership and outstanding business achievements and he said it would do everything to maintain strong presence in the rural banking industry.