Africazine:
Trust Bank Gambia showcases impressive growth, driven by customer confidence.
The bank reported a significant increase in deposits, rising to over D12 billion in 2025. This growth has strengthened its financial position, allowing it to maintain profitability and liquidity in a challenging business environment.
Trust Bank Gambia Reports Strong Financial Performance
During its Annual General Meeting at the Ocean Bay Hotel in Bakau, Trust Bank Gambia disclosed that customer deposits surged from D10.7 billion in 2024 to D12.75 billion in 2025. This increase provides a robust funding base for future growth and lending activities.
Board Chairman Franklin A. Hayford highlighted that the bank’s total assets expanded from D12.84 billion to D14.69 billion over the same period. This growth reflects the bank’s continued operational expansion and solid financial management.
Trust Bank Gambia: Key figures on Deposits
- D12.75 billion in customer deposits for 2025
- D10.7 billion in customer deposits for 2024
- D14.69 billion in total assets for 2025
- D12.84 billion in total assets for 2024
- D491.02 million profit before tax for 2025
- D463.23 million profit before tax for 2024
- D1.11 billion net interest income for 2025
- D946.79 million net interest income for 2024
- 21 percent capital adequacy ratio
- 76 percent liquidity ratio
Strategic Focus on Risk Management
Despite the impressive growth in deposits and assets, lending activity slowed as part of Trust Bank’s strategy to reinforce risk management. The bank is prioritizing asset quality to ensure the sustainability of its loan portfolio.
Mr. Hayford emphasized that the overall results reflect the bank’s resilience and prudent financial management in an evolving operating environment.
Future Outlook for Trust Bank Gambia
- Continued focus on asset quality and risk management
- Plans to support business expansion while maintaining liquidity
Trust Bank Gambia’s growth underscores the importance of customer confidence in financial stability.
