Republic Bank Ghana Records GHS 112.9m Profit in Q2 2025, Driven by Strong Interest Income Growth

Republic Bank Ghana Records GHS 112.9m Profit in Q2 2025, Driven by Strong Interest Income Growth

Republic Bank Ghana has posted a profit of GHS 112.9 million for the second quarter of 2025, reflecting a year-on-year increase of GHS 24.4 million compared to the GHS 88.5 million recorded in Q2 2024.

The double-digit growth in profit was primarily driven by an increase in the bank’s operating income, which rose from GHS 374.4 million in Q2 2024 to GHS 433.2 million in Q2 2025. This was largely underpinned by higher interest income, which grew from GHS 292.7 million to GHS 334.1 million over the same period.

The bank’s balance sheet also witnessed notable expansion, with total assets increasing from GHS 8.62 billion in Q2 2024 to GHS 9.26 billion in Q2 2025. This growth was supported by increases in key asset categories, including cash and cash equivalents (GHS 4.18 billion), investment securities (GHS 1.42 billion), and loans and advances (GHS 2.91 billion).

On the liabilities side, Republic Bank Ghana recorded GHS 8.17 billion in total liabilities as of Q2 2025, up from GHS 7.74 billion in the corresponding period last year. The increase was largely driven by growth in customer deposits and borrowings, which amounted to GHS 6.03 billion and GHS 1.43 billion, respectively.

Total equity attributable to shareholders rose to GHS 1.09 billion from GHS 880.4 million in Q2 2024, underscoring the bank’s improving financial strength.

In terms of asset quality, the bank recorded a marginal improvement in its non-performing loans (NPL) ratio, which declined from 17.5% to 16.92% during the review period. Additionally, the bank’s capital adequacy ratio – a key measure of financial resilience – improved significantly from 15.44% to 18.89%.

Liquidity remained strong, with the bank reporting a liquidity ratio of 121% as at the end of Q2 2025, indicating its robust capacity to meet short-term obligations.

Republic Bank Ghana’s Q2 performance signals continued growth momentum supported by a stable macroeconomic environment and improved financial intermediation.