Figures
available from the Ghana Stock Exchange indicate CAL’s financial performance
has been one of the best in terms of profitability, growth and position within
the banking sector.
As
at the end of 2012, CAL’s shares were among the most sought after in the
market.
The
Ghanaian indigenous bank also managed to exceed the Bank of Ghana’s recapitalization
requirements, by increasing its capital to Gh₵100million.
Mr.
Owiredu tells Luv Biz Report the dynamism within CAL bank, its service
provision and value in shares has endeared the company to shareholders.
“Since
the inception of the bank, we’ve paid dividend every single year and this year,
we’ve even seen an appreciation in terms of the share price and in 2013 we
expect that with the performance that we’ve had in 2012, this performance is
going to continue, so there is just the upside for CAL Bank for anyone who’ll
want to invest in it”, he said.
Mr.
Owiredu spoke to Luv Biz Report at a clients’ appreciation event in Kumasi.
“Our
business will grow if we have our clients, so if they’ve been with us
throughout the year, it is just good that we show our appreciation in terms of
the business they’ve given us throughout the year”, he said.
Story
by Kofi Adu Domfeh
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