BACCSOD achieves remarkable success in 2024-Chairman
The Dormaa-Ahenkro Branch of the Brong-Ahafo Catholic Cooperative Society for Development (BACCSOD) total asset grew from GHC18,086, 987. 30 in 2023 to GHC28, 394, 215.58 in 2024.
The society’s total deposit also saw a considerable increase from GHC16,654, 475.30 to GHC27, 506, 285.29 within the same period, Mr Kwame Appiah, the Chairman of the Board of Directors (BOD) has said.
Speaking at its Annual General Meeting (AGM) held at Dormaa-Ahenkro in the Bono Region, Mr Appiah said the Society's Loans and advances portfolio also grew substantially from Ghc16, 523, 314.01 to GHC 9,377, 653.12.
He said that enabled the society to provide more support to individuals, traders, farmers, small businesses and cooperatives, saying its investment increased from GGHC13,516, 073.06 to GHC 10,7...