Net interest income swelled from GHC 4,631,098 to 5,550,091; an increment of 19.84 per cent, whiles its total operating income went up from GHC5,758,255 to GHC6,879,717, representing a 15 per cent rise.

This came to light at the Bank's Annual General Meeting held at Anum in the Asougyaman District.  The Bank's total assets also grew from GHC22.61 million to GHC26.93 million, appreciating by 19.11 per cent.

Its total deposits for 2017 stood at GHC19.13 million, up by 18.89 per cent, as against the GHC16.09 million it held in the previous year.  Shareholder dividend however dipped for the second year running, from 0.50 pesewas to 0.45 pesewas.

Mr Daniel Adu Appia, Chairman of the Board of Directors blamed the decrease in dividend on the business terrain, which he said, remained burdened by tax increments and high utility tariffs.

He assured that nonetheless, all other indicators read positive, and that, the Shareholders had resolved to among others, revalue and increase the Bank's shares.