Nwabiagya Rural Bank has announced an outstanding performance in its 2024 financial year, with profits exceeding GH¢12 million. This represents a significant 67% increase over the previous year, demonstrating the bank’s strong growth trajectory and commitment to delivering value to its shareholders.
According to Owusu Agyemang Kesse, Marketing Manager for Nwabiagya Rural Bank, the bank’s success can be attributed to the loyalty of its clients and its unbeatable products.
“The current outlook is not a fluke, but rather the loyalty of its clients as well as its unbeatable products,” he said. The bank’s focus on customer satisfaction and innovative product offerings has clearly paid off, driving growth and profitability.
In addition to its impressive profit growth, Nwabiagya Rural Bank has also recorded a significant boost in both deposits and assets. This growth in deposits and assets is a testament to the bank’s strong financial management and its ability to attract and retain customers.
The bank has also recently increased its Corporate Social Obligations, demonstrating its commitment to giving back to the community and making a positive impact on the lives of its customers and stakeholders.
This focus on social responsibility is an important aspect of the bank’s overall strategy and reflects its dedication to being a responsible corporate citizen.
Elder Samuel Kwame Obeng Adomako, a newly-inaugurated Board Member of Nwabiagya Rural Bank, has expressed his willingness to contribute significantly towards the realization of the company’s goals.
“The bank’s utmost priority is to make profit and protect the investments of its shareholders,” he said.
Elder Adomako’s commitment to excellence and his focus on delivering value to shareholders will undoubtedly help drive the bank’s continued success.
Reflecting on the institutional performance, Elder Adomako noted that the recent positive growth shows that the institution is excellently handling all of its previous challenges.
The bank’s strong performance is a testament to its commitment to excellence and customer satisfaction, and demonstrates the effectiveness of its leadership and management team.
Overall, Nwabiagya Rural Bank’s remarkable success in the 2024 financial year is a reflection of its strong commitment to delivering value to its customers and shareholders.
With its focus on innovation, customer satisfaction, and social responsibility, the bank is well-positioned for continued growth and success in the years to come.
