Brand culture, staff drive GCB Bank’s record 2025 Profit – MD

Managing Director of GCB Bank, Farihan Alhassan, has attributed the bank’s record-breaking performance in 2025 to its strong brand culture and the dedication of its workforce.

According to Mr. Alhassan, the commitment and belief of staff in the bank’s vision played a crucial role in achieving exceptional results. “Our staff strongly believe in the bank and are ever prepared to do everything to achieve the needed results,” he stated, adding that the institution’s culture consistently drives excellence and target achievement.

He made these remarks ahead of his appearance on PM Express Business Edition, scheduled to air on April 2, 2026, at 9 pm on JoyNews.

Speaking on the topic, “Banking Sector Recovery Post Domestic Debt Exchange; The Case of GCB,” Mr. Alhassan emphasized that the bank remains focused on sustaining its strong performance, which stands out in the industry based on published financial results.

However, he cautioned that although the banking sector has seen significant improvement following the Domestic Debt Exchange Programme, recovery is still in progress. “It is still early days, even though things have improved significantly for the banks, including GCB Bank,” he noted.

GCB Bank’s 2025 Financial Highlights

GCB Bank delivered an impressive financial performance in 2025, marked by strong growth across key indicators:

Profit Before Tax (PBT): GH¢3.17 billion
Customer Deposits: Increased by 19.7% to GH¢41.3 billion
Total Assets (Balance Sheet): Expanded by 23% to GH¢52.6 billion
Interest Income: Rose by 38.3%, driven by strategic asset allocation and proactive risk management despite declining interest rates

The bank also made notable progress in improving asset quality and reducing risk exposure:

Non-Performing Loan (NPL) Ratio: Declined to 10.3% from 15.1% in 2024
Cost of Risk: Reduced significantly to 1.3% from 4.3%

These improvements contributed directly to the bank’s record profitability and strengthened its position within Ghana’s banking sector.