Lower Pra Rural Bank Limited at Shama District in the Western Region made a sterling performance during the year under review.
The bank’s profit after tax grew from GHc 920,577.00 in 2018 to GHc1, 737,789.00 in 2019, representing a growth of 89%.
Profit before tax rose to 73% from GHc1,158,431.00 in...
It is increasingly recognised that we live in a VUCA World, characterized by Volatility, Uncertainty, Complexity and Ambiguity.
The Covid-19 pandemic has shown how quickly major economic disruption can occur.
Leading economies suddenly see numerous businesses facing bankruptcy. The dislocation, coupled with the impact of new technology, will accelerate the pace...
The Amenfiman Rural Bank Limited at Wasa Akropong in the Wasa Amenfi East District in the Western Region has proven to be a market leader innovative and adapting to changing times to tailor its services to meet the needs of customers.
Against the backdrop of the pandemic with its attending...
The Association of Rural Banks, Ashanti Chapter, has held its 14th Biennial General Meeting (BGM), at Pakyi No2 in the Ashanti Region.
The purpose of this event was to review the performance of the Chapter, and other developments within the rural banking industry.
During the year under review, 2018 – 2019,...
The Okomfo Anokye Rural Bank Ltd (OARB) was incorporated as a limited liability company and issued with a certificate of incorporation (No.21,793) under the companies code 1963 (Act 179) on January 18,1983. On February 7, 1983 the bank of Ghana issued the License to operate Business of Banking to...
Sekyere Rural Bank Limited was set up and commissioned in 1983 at Jamasi in the Ashanti Region of Ghana. The role of the Bank is to play an intermediary role between surplus fund holders and those in need of funds for their economic activities in the communities in which...
The ARB Apex Bank with a vision to remain the most effective and efficient service provider to the RCBs with a mission to provide banking and non-banking services to the satisfaction of the RCBs as well as other stakeholders, has chalked a remarkable success in its operations as a mini central...
Only a government-led intervention will bring down lending rates to levels needed to spur economic growth and transformation, Professor Godfred Bokpin - an economist and professor of finance at the University of Ghana Business School, has said; insisting that not everything must be left for the private sector to...
While the concept of Black Friday is purported to have emerged from the United States of America, it has become quite popular in urban Ghana.
This is as a result of the enormous business and product deals offered by merchants and service providers, which usually leads to increased purchases towards...
Dean of the University of Cape Coast Business School, Prof. John Gatsi, has said that time right for the country to embrace Islamic banking as it will offer cheap financing for businesses.
Speaking at an Islamic banking forum organised in Accra by the Islamic Finance Research Institute of Ghana, Prof....