Akatakyiman Rural Bank supports education in operational territories

Akatakyiman Rural Bank PLC
Kweku Kum, Board Chairman, (right) presenting the desks to Joseph Buertey of KEEA Education Directorate while management of Akatakyiman Rural Bank and others look on

Akatakyiman Rural Bank PLC at Komenda in the Komenda-Edina-Eguafo-Abrem municipality in the Central Region has donated seventy dual desks to basic schools in Komenda.

The dual desks cost GH¢22,000 and were donated to relieve the current congestion at some basic schools in the municipality. Earlier, the bank spent GH¢25,000 for renovation of the local library at Komenda as part of its CSR activities.

The Chairman-Board of Directors, Kweku Kum – who presented the desks on behalf of the bank, also made a personal donation of twenty dual desks to the KEEA Education Directorate – which are for onward distribution to needy basic schools in the municipality.

The Board Chairman reiterated that it was with great delight and a matter of necessity for both management and the Board to attend to the call of beneficiary institutions against a background that education is essential to national development.


According to him, the bank believes that an investment in such projects will make an impact on communities and future generations; and also achieve rapid and holistic transformation of the communities in which they operate as well as the entire nation.


Other CSR activities carried out by the bank over the last two years include a donation of 15 customer benches to Kissi Health Centre; sponsorship of the annual graduation ceremonies of OLA & KOMENDA Colleges of Education; extension of alternate power to Komenda Health Post; and construction of a culvert bridge at Breman at Eguafo Traditional Area.


A representative of the Municipal Education Director of KEEA, Joseph Buertey, while receiving the items expressed his appreciation on behalf of the Directorate for the support – and urged the bank to do more for education in the municipality.

He made a passionate appeal to financially capable individuals in the municipality to come to the schools’ aid, as there is an acute shortage of educational materials at schools in the municipality.

He said such support goes a long way to complement the efforts of government in the provision of educational resources. Mr. Buertey commended the bank’s Board and Management for their quick response to support education needs in the municipality.

The bank’s Chief Executive Officer, Asante Frempong, on his part appealed for teachers in the municipality to consider doing business with Akatakyiman Rural Bank, so as to make it more profitable and be able to continue supporting education in the municipality.

Mr. Asante Frempong told Business & Financial Times in an interview that management will continue seeking ways of strengthening and developing the banks’ operations to maintain the confidence that customers and shareholders have in it.

The bank’s business model, according to the CEO, is still tailored for the Micro-, Small- and Medium Enterprises; and the bank will push for more market penetration as it develops new, innovative products and trusted relationships with clients.

According to him, the bank will continue to see its strength in the area of managing credit needs of small and medium enterprises; as well as continuing to improve upon the support the bank offers to this sector of the economy


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