Odotobri Rural Bank PLC at Jacobu in the Amansie Central district of the Ashanti Region has offered s and bursaries totaling GH¢31,200 to thirty-nine brilliant but needy students as part of its corporate social responsibilities.
The bank received fifty-one applications, out of which thirty – nine students were selected after thorough vetting by its Scholarship Committee.
The selected beneficiaries are freshmen and continuing students from various nursing and teacher-training colleges as well as universities, and are pursuing various courses of study.
Again, the bank received a request for support from Tweapease Senior High Technical School. The Board and Management considered the application and approved fifty (50) quantities of serving pots valued at Five Thousand Ghana cedis (GH¢5,000.00) to support the smooth take-off of their new boarding school.
The bank’s Chief Executive Officer, Abraham Coffie – in company with other management staff, presented the cheque; which was received by Mr. Theophilus Yeboah, Headmaster of Tweapease Senior High Technical School, on behalf of the students.
Mr. Coffie told Business & Financial Times in an interview that the criteria for selection to the scholarship scheme were very fair and transparent.
He explained that parents or wards of the scheme’s prospective beneficiaries should be shareholders of the as the principal criterion, and the student must be brilliant but needy and hail from any of the bank’s operational territories.
The CEO believes that this financial assistance will propel and encourage beneficiaries of the scheme to study extra-hard so as to develop their full potential in order to contribute their quota to national and community development.
Mr. Coffie further advised the beneficiary students to devote much time for their books and desist from paying attention to trivial and needless activities that waste their time, and instead make enough time to study so they can become responsible citizens and make meaningful contributions to society.