• July 29, 2022

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 linkhttps://calbank.net/wp-content/uploads/2022/07/CalBank_Unaudited_Financials_062022.pdf

For further information, contact Dzifa Amegashie, Head-Investor Relations on damegashie@calbank.net

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CAL Bank Ltd. published this content on 29 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2022 16:41:31 UTC.