Avenor Rural Bank records 219.99 per cent profit before tax

Akatsi (V/R), Aug. 20, GNA - The Avenor Rural Bank Plc in the Akatsi South Municipality of the Volta Region has made a profit before tax of GHC854,147 in 2022 as compared to GHC266,927 the previous year. 

Avenor Rural Bank's investment up

Akatsi, Sept. 5, GNA – The total investment of the Avenor Rural Bank has increased from 32.10 per cent from GH¢3,986,226.00 in 2015 to GH¢5,265,712.00 in 2016, greatly improving the bank’s liquidity and reserve requirements. The Bank’s total assets also increased from GH¢11,311,838.00 in 2015 to GH¢12,051,490.00 in 2016, an increment of 6.54 per cent, propelled mainly from growth in deposits.