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Letshego Ghana Savings And Loans Plc (Ghana)

Main Activities: Activities Related to Credit Intermediation
Full name: Letshego Ghana Savings And Loans Plc Profile Updated: May 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Letshego Ghana Savings and Loans PLC, located in Accra, is a financial institution that was established in September 2010 as African Financial Services (AFS) and later rebranded as African Finance Business (AFB) in 2013. The company has experienced steady growth and currently has over 200 employees working in 26 outlets. Letshego Ghana serves over 2.5 million customers through strategic partnerships, innovative technology, and digital delivery channels. In 2016, Letshego Holdings Limited, Africa's largest payroll lender, acquired Letshego Ghana. Letshego Ghana focuses on providing inclusive finance solutions to underserved populations in 11 Sub-Saharan markets. The company offers innovative financial solutions to the staff of Ghana Armed Forces, Ghana Police, and all government employees. They also have partnerships with reputable organizations such as the Volta River Authority, Ghana Shippers' Authority, and University of Cape Coast, among others, to provide their products to their staff. Letshego Ghana is known for leveraging innovation and technology to improve the financial access of Ghanaians who have limited access to traditional financial services.

Headquarters
4Th Floor, L'Aine Office Complex, Adama Road, Adabraka
Accra; Greater Accra;

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Website: http://www.afb.com.gh

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2010
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Outside Director
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Letshego Ghana Savings And Loans Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency GHS. Absolute financial data is included in the purchased report.
Net interest income
111.43%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
36.55%
Total equity
117.34%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-4637.08%
Loans to Asset Ratio
-2.21%

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