Public Listed Banks And Their Total Assets

Omohakpor Enaye

Total assets of banks are up. Total assets at Ecobank Transnational Incorporated rose from U$6.6 billion in 2007 to U$8.3 billion in 2008, up by U$1.8 billion (27%). At Ghana Commercial Bank, total assets rose from GHC1.2 billion in 2007 to GHC1.7 billion in 2008, up by GHC495 million (43%).

At Standard Charted Bank, total assets rose from GHC774 million in 2008 to GHC985 million in 2008, up by GHC211 million (27%). At Ecobank Ghana, total assets rose from GHC669 million in 2007 to GHC919 million in 2008, up by GHC250 million (37%). At HFC Bank, total assets rose from GHC163 million in 2007 to GHC379 million in 2008, up by GHC216 million (133%).

At Cal Bank, total assets rose from GHC236 million in 2007 to GHC339 million up by GHC103 million (44%). At SG-SSB Bank, total assets rose from GHC418 million in 2007 to GHC437 million in 2008, up by GHC19 million (4.5%). The banking industry is growing and the economy is growing, too.

BANK 2008 2007 Change % Change

Ecobank Transnational U$8,306m U$6,550m +U$1,751m + 26.7

Ghana Commercial Bank GHC1,650m GHC1,155m +GHC495m + 42.9

Ecobank Ghana GHC 919m GHC 669m +GHC250m + 37.4

Standard Charted Bank GHC 985m GHC 774m +GHC211m + 27.3

SG-SSB Bank GHC 437m GHC 418m +GHC 19m + 4.5

Cal Bank GHC 339m GHC 236m +GHC103m + 43.6

HFC Bank GHC 379m GHC 163m +GHC216m +132.5

Source: Public Agenda