AKR Bank posts 40 percent profit despite Covid-19 challenges

The Atwima Kwanwoma Rural Bank has posted a 40 percent profit after tax for the 2020 financial year, despite the impact of the covid-19 on businesses. The Bank grew its profit from 3,031, 095 cedis in 2019 to 3,841,061 cedis at the end of the 2020. This represents an increase rate of 26.72 percent. CEO, Dr Sarfo Kantanka says the bank’s strategic plans show a more impressive performance by the end of 2021.