Amantin and Kasei Community Bank, headquartered in Amantin in the Bono East Region, plans to strengthen financing for agribusiness as part of efforts to support growth in the sector.
The bank has budgeted to disburse more than GH¢21.19 million to about 1,000 actors across the agricultural value chain in the 2026 financial year. The agribusiness portfolio will account for around 15 per cent of the bank’s projected loan book of GH¢140 million for the period.
Beneficiaries will include smallholder farmers, farmer cooperatives, agro-input dealers, aggregators and commodity traders, agro-processors, as well as logistics and warehouse operators. The financing will target key value chains including cereals such as maize and rice; cowpea; root and tuber crops including cassava and yam; livestock; and horticulture.
The planned financing is expected to ease access to credit for agribusiness operators, particularly small-scale actors in the bank’s catchment area who often face challenges securing funding for production and trading activities.
The Chief Executive Officer of the bank, Michael Wilberforce Osae, said in an interview that the lending plan forms part of its strategy to support the transformation of the local economy while strengthening profitability. The bank is targeting a profit of GH¢16 million in 2026.
“To achieve the GH¢16 million profit target, we have expanded our quality loan portfolio by prudently supporting SMEs, farmers and salaried workers, while maintaining strict credit appraisal standards,” he said.
He added that the bank is focusing on sectors with strong repayment capacity and manageable risk levels, while intensifying credit monitoring and recovery efforts to reduce non-performing loans and safeguard earnings.
The bank has also adopted what he described as a “deliberate and aggressive” deposit mobilisation strategy, targeting GH¢195 million in deposits. To achieve this, the bank is expanding mobile banking services and digital platforms, including GhanaPay and USSD services, to make banking more accessible and convenient for customers.
“We have built a robust, secure and scalable digital banking platform that is transforming our operations from manual, branch-dependent processes into automated, real-time, customer-driven services,” he said.
The platform is expected to increase efficiency, reduce operational costs, improve compliance and expand access to financial services, particularly in underserved and rural markets, although infrastructure gaps and other external factors remain challenges.
The bank is also targeting growth in its asset base, with a projected end-of-year target of GH¢244.6 million. As part of its growth strategy, it plans to leverage opportunities in microfinance, agriculture and SME financing, while expanding its investment portfolio and strengthening liquidity.
“We have also enhanced our visibility to position ourselves as the trusted community bank,” Mr. Osae said.
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