Zenith Bank Ghana's total assets increased by 44% to GH¢13.86 billion in 2023, with profit before tax surging to GH¢1.02 billion.
Zenith Bank Ghana experienced a 44% increase in total assets in 2023, reaching GH¢13.86 billion, while profit before tax surged to GH¢1.02 billion. This represented a 284.35% turnaround from the previous year's GH¢554.6 million loss due to the Domestic Debt Exchange Programme (DDEP). High customer confidence drove the bank's performance, as deposits grew by GH¢3.32 billion and the loan book expanded by GH¢390.7 million.
April 21, 2024
5 Articles