Juaben Rural Bank Doubles Dividend Amid Record Profit and Capital Growth

choicenewsonlineDecember 25, 2025

Juaben Rural Bank PLC has proposed a dividend of GH¢2,614,015.04 at its 39th Annual General Meeting (AGM), equivalent to GH¢0.14 per share, doubling last year’s payout and reflecting strong financial performance. The dividend represents 29.88% of profit after taxation, offering a 28% return on investment to shareholders.

Strong Financial Performance and Capital Growth

Delivering the Board Chairman’s report, Nana Dr. Appiagyei Dankawoso I highlighted that the Bank’s profit after taxation reached GH¢8,748,424.00.

Governance and Board Elections

The Chairman noted that he and First Vice Chairman Mr. Stephen Acheampong will retire after serving over nine years, with elections planned to appoint up to four new Directors. Compliance with the Bank of Ghana’s Corporate Governance Directive, including gender diversity requirements, will be observed.

Branch Expansion and Innovation

The Bank recently opened its twelfth branch at Atonsu in Kumasi to expand services. It has also received recognition locally and internationally, including the Financial Inclusion Excellence Awards in Kuala Lumpur, Malaysia, and the Eminent Achievement Awards by UPSA’s Faculty of Accounting and Finance.

Corporate Social Responsibility

The Bank invested GH¢298,701.00 in scholarships, farmers’ day celebrations, security, community development, health, and education. Its Green Banking Initiative has already planted over 10,000 trees toward a 40,000-tree goal, supporting environmental sustainability.

CEO Remarks

Following the Chairman’s address, CEO Mr Augustine Awere thanked customers and stakeholders for their loyalty. He noted that this year’s festive gifts had improved significantly, highlighting the Bank’s focus on positively impacting communities beyond profits. Mr Awere also revealed that the Omanhene, Nana Otuo Siriboe II, donated 12 plots of land for the development of a well-equipped market to boost local commerce.