Amenfiman Rural Bank supports victims of Appiatse explosion

Amenfiman Rural Bank supports victims of Appiatse explosion
Dr Alex Asmah, CEO of the Bank (right), presenting the items to Municipal Chief Executive (MCE) for Prestea Huni-Valley, Dr. Isaac Dasmani, while others look on

The Amenfiman Rural Bank Plc at Wasa Akropong in the Wasa Amenfi East district of the Western Region has donated relief items to victims of the recent explosion at Appiatse, a community near Bogoso in the Western North Region.

The bank gave support to victims of the explosion with various items to the tune of GH¢40,000 to bring impactful relief to them.

The items include hundreds of pieces of cloths, two bales each of second-hand clothing for men, women and childrenl bed-sheets, towels, blankets and three in one, and a hundred- and twenty pieces of boxer shorts.

The remaining items included tissue-paper twenty-two packs; eight packs of sanitary pads; twelve packs of children’s diapers; ten boxes of bar-soap; 10 boxes of bathing soap; and four boxes of toothpaste.

The bank’s CEO, Dr. Alex Asmah – who made the presentation on behalf of the bank, deemed it needful and very necessary to support bereaved families and victims of the explosion

He added that as part of the banks’ corporate social responsibilities, and actively operating within the affected community, they will be available to support the recovery process every step of the way.

He therefore hoped that the bereaved family will be comforted, and those at the hospitals recover quickly as the reconstruction process commences.

Dr. Isaac Dasmani – Municipal Chief Executive of Prestea-Huni Valley who received the items on behalf of the victims, expressed gratitude to the Bank’s board, management and staff for their thoughts to support victims of the explosion.

He called on other corporate organisations, particularly those operating within the municipality, to emulate Amenfiman’s generous example and come to support the victims while also asking for more support from the bank.

The Board and Management of Amenfiman Rural Bank strongly believe that the bank is owned by the community, and hence must be committed to development in the community.

To this end, the bank has been providing corporate social responsibility activities to enrich and improve the lives of people in its catchment area over years.

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

The bank recorded a little over GH¢6million as total share capital as at close of December 2021.

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

B&FT can confirm that Amenfiman Rural Bank held the highest share capital in the rural banking industry as at close of December 2021.

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

Leave a Reply