ECOBANK and TTBEcobank Ghana?s profit after tax hit 190 million Ghana cedis for last year.

According to the Bank’s 2013 financial statement released on Thursday shows that, Ecobank’s profit after tax went up by 44 percent over the?132 million Ghana cedis recorded 2012.

Ecobank’s? increase income increase substantially to? 473.5 million Ghana cedi, while? total assets reached?? 4.6 billion Ghana representing a ?37 percent ?Ecobank also made some strong growth in the areas of? deposits,? loans advances to customers,

However?the impairment charges on loans advanced?increased substantially to?55.3 million Ghana cedis.

Source Joy Business


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