Dr. Doliwura Zakaria
The Nationwide Funding Financial institution recorded a revenue earlier than tax of GH¢74.38 million within the first six months of 2025, a big turnaround from a lack of GH¢44.79 million throughout the identical interval in 2024.
In response to the state financial institution, the efficiency displays renewed operational effectivity, efficient price administration, and a profitable capital restoration technique.
That is the primary time since 2016 that the financial institution is publishing its monetary assertion.
The efficiency alerts a return to monetary stability and transparency after a difficult interval of undercapitalisation.
Whole property reached GH¢8.55 billion, up from GH¢5.71 billion in June 2024. Web working earnings additionally rose to GH¢326.28 million.
Equally, buyer deposits elevated to GH¢7.3 billion.
By way of the monetary stability indicators, Capital Adequacy Ratio (CAR) improved to 41.34%, nicely above regulatory thresholds.
The fairness place of the financial institution additionally grew to GH¢892.27 million from a loss place.
Commenting on the sterling efficiency, Managing Director, Dr. Doliwura Zakaria, acknowledged: “This publication is a declaration of our readiness. It displays not simply our monetary well being, however the energy of our folks, programs, and imaginative and prescient for the long run. We’re firmly on a progress trajectory.”
He added that the discharge of the monetary statements is a strategic step in NIB’s transformation journey, demonstrating renewed stakeholder confidence and full compliance with regulatory expectations below the Firms Act, 2019 (Act 992), and the Banks and Specialised Deposit-Taking Establishments Act, 2016 (Act 930).
In response to Marian Toure, Head of Advertising and Company Communications: “This disclosure reaffirms our dedication to accountability and alerts a brand new period of transparency and accountable banking. We stay up for partaking stakeholders, companions, and clients on this revitalized part of progress.”
Because the Financial institution continues to increase its operations and reposition its model, the mid-year efficiency affirms NIB PLC’s function as a trusted, forward-looking establishment aligned with Ghana’s financial transformation agenda.
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DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially symbolize the views or coverage of Multimedia Group Restricted.
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