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OmniBSIC Bank Ghana Ltd recorded a remarkable financial performance in 2025, with profit before tax rising by 104% to GH¢641 million, supported by strong balance sheet growth, increased net interest income, and robust trading gains.
The bank’s total assets more than doubled to GH¢21.58 billion, driven by significant increases in cash reserves and investment securities. Customer deposits also saw substantial growth, reaching GH¢16.56 billion.
This performance underscores the bank’s growing influence in the industry, as it continues to capture a larger market share. Its expanding deposit base and asset growth have strengthened its position as a reliable choice for clients seeking liquidity and enhanced lending capacity.
Managing Director Daniel Asiedu noted that the surge in profitability and trading income places the bank in a strong position to extend more credit to the private sector and invest in further expansion, particularly as economic conditions show signs of stability.
He added that the bank’s rapid growth reflects renewed confidence in the financial system and supports a more resilient flow of capital into the economy.
A deeper look at the results highlights strong operational momentum. Interest income nearly doubled to GH¢2.46 billion, while net interest income climbed to GH¢1.17 billion from GH¢545.8 million, reflecting improved pricing and a more productive balance sheet.
Non-interest revenue streams also performed strongly, with net fees increasing to GH¢109.1 million and trading income reaching GH¢143.4 million. These gains helped push operating income to GH¢1.43 billion, up from GH¢746.1 million in 2024.
Despite higher operating costs, including personnel expenses of GH¢362.1 million and other costs of GH¢268.2 million, the bank maintained strong profitability, demonstrating resilience in its operations.
The bank also improved its risk profile. Its non-performing loan ratio declined to 23.09% from 26.99%, while its capital adequacy ratio strengthened to 17.84% from 13.66%, enhancing its capacity to absorb potential losses.
Liquidity remained solid, with the bank holding enough cash and near-cash assets to cover approximately 95% of customer deposits. Off-balance sheet exposures also reduced significantly, indicating lower risk obligations.
On the asset side, cash balances rose to GH¢9 billion, investment securities increased to GH¢10.19 billion, and loans and advances grew to GH¢1.39 billion, reflecting a cautious but effective asset allocation strategy.
Additional funding support came from deposits from other banks, which increased to GH¢3.58 billion, complementing strong retail and corporate deposits. Shareholders’ funds also rose to GH¢1.11 billion, driven by retained earnings.
Looking ahead, Mr. Asiedu expressed confidence in the bank’s ability to support business growth, noting that its strong liquidity position and cash generation provide the flexibility to expand lending while maintaining financial stability.
Source: citinews
