Fiaseman Rural Bank inaugurates Kokompe branch in Takoradi

The new branch

The Fiaseman Rural Bank Limited at Bogoso in the Prestea Huni-Valley district of the Western Region has inaugurated a branch at Kokompe in Takoradi in the Western Region.

This brings to twelve the number of branch offices currently being operated by the bank. The branches are Bogoso, Sikafie-Bogoso, Prestea, Tarkwa, Ateiku and Huni Valley. The rest are Aboso, Asankrangwa, Tamso, Bawdie, Wassa Damang and the newly-inaugurated Kokompe branch in Takoradi.

The bank already has massive goodwill from the  people in Western Region and its districts, and the strong demand from its customers compelled the Board to site a branch in the Takoradi municipality.


(From left-right) The Deputy Regional Minister, Gifty Eugenia Kusi; Chairman of the Board of Directors, Osagyefo Amanfo Edu VI; and the General Manager Mr. Kaedabi Donkor

In an address, General Manager of the Bank Mr. Kaedabi Donkor said the bank has been in existence for the past 35 years, operating and doing business in almost all the industrial and commercial towns and communities in the Western Region – rendering quality services and winning the trust of customers.

He mentioned that the bank has a diversified target-market, which includes manufacturing, Agriculture, Construction, MSMEs and the Services sector. According to him, the new branch in the Industrial area will reinforce the bank’s capacity to serve these groups of people.

Mr. Donkor mentioned Fiaseman’s collaboration with Twifu Rural Bank in the Central Region, and expressed his optimism that by the end of the 1st quarter of 2018, the bank’s presence will be felt in Cape Coast, Twifu Praso, Dunkwa and its environs.

In a speech delivered on behalf of the Managing Director of ARB Apex Bank Limited, Mr. Kojo Mattah, he took the opportunity to congratulate the Board, Management and Staff of Fiaseman Rural Bank for the many achievements over the years – and particularly for their bold initiative and hard work which has resulted in opening the Kokompe branch in Takoradi.

Mr. Mattah commended the shareholders who have invested in the Fiaseman Rural Bank, urging them to continue keeping faith with the rural banking system.

The MD of Apex Bank advised the board and management to concentrate on deposit mobilisation, and in due course make credits available to the people in the community who are engaged in various trading activities/small-scale businesses. Through this, the bank will be fulfilling its mandate and meeting the objective of its establishment as a rural bank engaged in financial intermediation that will ensure capital formation and retention at Kokompe and its adjoining communities.

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