Access Bank Ghana Celebrates Exceptional Growth at 16th AGM

Summary:
Access Bank Ghana Plc held its 16th Annual General Meeting (AGM) at its head office, reflecting a year of significant growth and strong financial performance despite challenging economic conditions. The Board Chairperson, Ms. Ama S. Bawuah, highlighted a 22.3% growth in total assets and a 40% increase in operating income. Loans and Advances rose by 42.81%. The Bank introduced innovative digital products and services and established priority desks for various demographics.
Managing Director Olumide Olatunji noted a 23% increase in deposits and a significant turnaround in tax remittances, emphasizing the Bank’s resilience and prudent financial management. Shareholders’ funds grew substantially, and all AGM resolutions were approved, including the re-election of Board members.
The Bank’s commitment to sustainability, customer satisfaction, and Ghana’s economic development was praised by shareholders. Access Bank Ghana has won several awards in 2023, including Best Bank by Euromoney Awards and Best Digital Bank in Ghana by Digital Banker Africa Awards. The Bank continues to promote financial inclusion and sustainable business practices.