Sekyere Rural Bank PLC Sees 57% Deposit Growth, Raps Gh6m Profit

Sekyere Rural Bank PLC is on fire! The bank has just revealed a staggering 57% growth in deposits in 2024, translating to a cool Gh6 million profit – a remarkable turnaround from the losses incurred in 2023.
According to CEO Michael Aidoo, this incredible feat is a direct result of the bank’s relentless focus on customer service, innovative loan products, and a keen eye on risk management. The bank’s leadership and staff took a bold step by going back to basics, engaging with customers and non-customers alike, to gain valuable insights into their needs and expectations.
“We listened, we learned, and we delivered,” Aidoo said, highlighting the bank’s efforts to provide tailored loan solutions that meet the unique needs of its customers. The bank’s proactive approach to debt recovery also paid off, ensuring that loans were repaid and losses minimized.

Aidoo extended his heartfelt gratitude to the bank’s stakeholders, including board members, staff, shareholders, and customers, for their unwavering support. “Your hard work and loyalty have been the driving force behind our success,” he said.
The CEO’s message to Ghanaians is clear: partner with Sekyere Rural Bank PLC and unlock your financial potential. “We have the expertise, we have the passion, and we have the solutions to help you achieve your business goals and secure your financial future.”

As the bank looks to the future, Board Chairperson Constance Asamoah reassured shareholders that plans are underway to disburse dividends, encouraging them to increase their shares. It’s a promising outlook for Sekyere Rural Bank PLC, and stakeholders are eagerly waiting to see what’s next!



