Shareholders of
The commendation was given at the 15th annual general meeting of the bank held in
Speaking at the meeting, shareholders noted that the bank's performance signalled strong signs of sustained growth and resilience, in spite of it being overshadowed by credit impairments relating to
During the period, Access Bank Ghana recorded over 35 per cent growth in its balance sheet size from GH¢7.455 billion to GH¢ 10.835 billion.
Operating revenue went up by 38 per cent, from GH¢ 832 million to GH¢ 1.150 billion, while loans and advances witnessed a 41 per cent growth, from GH¢ 1.167 billion to GH¢ 1.645 billion, and total deposit by 60 per cent, from GH¢ 4.623 billion to GH¢ 7.399 billion.
In her maiden address to members at the meeting, the newly appointed Board Chairperson of
"The year 2022 was an exceptional year due to the largely unforeseen external shocks that resulted in painful outcomes and decisions not just for our bank, but several players in the financial services industry. We are, however, optimistic about our future successes given the strong fundamentals we have built overtime, together with our unrelenting commitment to global best practice in applying sound corporate governance and risk management practices," she added.
"In compliance with the
Addressing members during the meeting, Managing Director of Access Bank Ghana,
He noted that despite the external challenges,
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