Amenfiman Rural Bank supports gov’t in the fight against COVID-19

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Dr. Asmah, CEO of Amenfiman Rural Bank (right), presenting the items to Wasa Amenfi East Municipal Director of Health, Madam Felicia Amissah

The Amenfiman Rural Bank Limited at Wasa Akropong in the Wasa Amenfi East district in the Western Region has donated items tothe government through three local assemblies to support the fight against COVID-19.

The items worth about GH¢67,000 were presented to Wasa Amenfi West Municipality, Wasa Amenfi East Municipality and Wasa Amenfi Central district, all in the Western Region.

The items are disposable gloves, nose masks, hospital mattresses and tissue paper. Other items include disposable masks, gun thermometers, Veronica-buckets with stands, and hand-sanitisers.

The CEO of Amenfiman Rural Bank, Dr. Alex Asmah who presented the items on behalf of the bank, said the donation is to support government’s efforts to stem spread of the coronavirus which has so far infected 313 persons and claimed six lives.

According him, the pandemic has sent shivers down the spine of many across the world and claimed lives, affecting economic activities in their operational territories; and as a socially responsible organisation, there is a need to contribute in government’s efforts to curb or control spread of the virus.

Dr. Asmah also believes that the donation will help reinforce the message that the Health Ministry and Ghana Health Service have been stressing –  the importance of washing hands under running water as well as the application of hand-sanitisers among other precautionary measures.

The Wasa Amenfi West Municipal Director of Health, Mary Magdalene Arthur who received the items on behalf of government, was thankful to the bank for its kind gesture.

She further expressed her appreciation on behalf of government for the numerous supports the bank has been giving to the Assembly, and further called on other corporate entities to emulate the Amenfiman example – particularly in this abnormal time of COVID-19.

Amenfiman Rural Bank has recorded very outstanding operational performances as a financial institution over the past five years, and has recorded very significant improvements in all indicators.

The bank recorded a little over GH¢6million as its total share capital as at close of December 2019.

The amount far exceeds Bank of Ghana’s minimum threshold, and is about 500% more than the minimum GH¢1million mandated for all rural banks to achieve in 2020.

B&FT can confirm that Amenfiman Rural Bank held the highest share capital in the rural banking industry as at the close of December 2019.

The bank has recorded a consistent growth in its stated capital since 2016 to date, and has devised a strategy to realise GH¢10million worth of shares in four years. 

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