Key Figures

Key Figures BOA Ghana 2016 (In GHS)

 

                                                           Activity

  2015 2016 Yearly Growth % (*)

Deposits

626

680

8,7 %

Loans

387

447

15,4 %

Number of branches at the end of the financial year

23

26

13 %

 

 

                                                           Structure

  2015 2016 Yearly Growth % (*)

Total Assets

1 147

1 144

- 0,2 %

Shareholders’ equity

139

164

18,3 %

Average number of employees

384

398

3,6 %

 

                                                               Capital Adequacy Ratio

                                                        

  2015 2016

Tier 1

120

127

Tier 2

-

-

Risk Weighted Asset (RWA)

518

716

Tier 1 + Tier 2 / RWA (%)

23.3 %

17,7 %
 
 

 

                                                            Income
 

 

2015

2016

Yearly Growth % (*)

Net operating income

131

112

-14,4 %

Operating expenses

62

76

22,4 %

Gross operating profit

70

36

- 47,5 %

Cost of risk (in value) (**)

30

11

- 62,3 %

Net income

28

24

-12,2 %

Operating ratio (%)

47.4 %

67,7 %

 

Cost of risk (%)

8.1 %

2,7 %

 

Return on Assets (ROA %)

2,7 %

2,1 %

 

Rentabilité des fonds propres  30 % 21 %  

(*) y compris fonds pour risques bancaires généraux

Annual Report

Annual Report BOA Ghana 2015

The bank recorded a profit after tax of GHS 27.52 million in 2015. We earned a total of GHS 39.54 million in Gross operating profit; representing 42.2% over 2014. This was attributable to strong performances on our keys revenue lines and strong cost controls executed throughout the year in the wake of a challenging economy.