Republic Bank Ghana PLC has announced improved unaudited financial results for the first quarter of 2025, marked by rising profitability and strengthened risk management metrics.
The bank posted a net profit of GH¢55.4 million, a 24% increase from GH¢44.7 million in the prior period, driven by balanced revenue growth and cost-efficiency measures.
Key financial health indicators showed significant progress, with the capital adequacy ratio climbing to 18.85%, up from 17.45%, reflecting enhanced resilience against economic uncertainties. The non-performing loan ratio also improved, dropping to 15.85% from 19.30%, while liquidity and leverage ratios rose to 121.69% and 6.85%, respectively. These figures underscore the bank’s robust risk mitigation strategies and adherence to regulatory standards.
Net interest income grew by 17% to GH¢171.8 million, supported by expanded lending activities and customer deposits. Fee-based services and trading contributions further boosted total operating income to GH¢210.6 million. Despite higher operational costs, including personnel expenses and impairment losses, the bank maintained disciplined expense management, achieving a pre-tax profit of GH¢84.2 million before adjustments for levies and taxes.
The balance sheet remained solid, with cash reserves totaling GH¢4.64 billion, up from GH¢4.2 billion in the previous quarter. Growth in customer deposits and prudent asset-liability management provided a stable foundation for ongoing operations. Disclosures highlighted effective mitigation of credit, liquidity, and market risks, ensuring stability amid Ghana’s evolving economic landscape.
Republic Bank’s performance aligns with broader efforts within Ghana’s banking sector to reinforce financial stability and investor confidence. As institutions navigate inflationary pressures and currency volatility, the bank’s focus on strategic investments and regulatory compliance positions it as a key player in supporting the nation’s economic resilience. The results signal a positive trajectory for the sector, emphasizing the critical role of sound governance and innovation in sustaining growth across Africa’s financial markets.
