The Highlights of the Group’s HY-2022 results (y/y) are:
Profit & Loss
- Profit after Tax grew by 26.15%
- Net Interest Income increased by 30.43%
- Net Fees and Commissions Income grew by 116.85%
- Impairment losses on Financial Assets decreased by 26.71 %
- Operating expenses increased by 29.81%
Balance Sheet
- Total Assets grew by 8.67%
- Net Loans & Advances to Customers increased by 27.13%
- Total Deposits grew by 4.07%.
- Total Capital Adequacy ratio decreased from 19.5% to 19.0%
- NPL Ratio decreased from 13.79% to 9.03%
- NPL Coverage Ratio increased from 81.50% to 90.21%
Shareholder Ratios
- ROAA increased from 2.47% to 2.66%
- ROAE increased from 18.26% to 20.10%
For the Full Version of the HY-2022 results, please click on the link http://mytestcalbankweb.com/wp-content/uploads/2022/07/CalBank_Unaudited_Financials_062022.pdf
For further information, contact Dzifa Amegashie, Head-Investor Relations on damegashie@exceedb87.sg-host.com
