The 2022 financial year will soon end and we will be ushered in a new year. It is obvious that some RCBs are excited because they have achieved their target while others are unexcited because they could not achieve their set targets.
However, as important as it is to achieve...
On Friday, 9th July 1976, Nyakrom Rural Bank in the Central Region became the first born of all rural banks. This implies that the rural banking sector is 46 years old.
“Rural and Community banking was conceptualized at a time when access to bank credit for farmers and traders, especially...
A Former 2nd Deputy Governor of the Bank of Ghana, Mr Emmanuel Asiedu Mante, who was one the key personalities that developed the rural banking concept has been honoured at the 4th Rural Banking Excellence Awards in Koforidua by the Association of Rural Banks.
Described as rural banking encyclopedia, Mr....
Ghana’s rural banking industry has seen another year of consolidation, keeping with an established trend that has seen the sector becoming the driving force of the country’s poverty. Alleviation.
B&FT’s SETH KRAMPAH takes a look at the activities of RCBs in Micro Finance that have the propensity to alleviate...
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 festive season has arrived once more, and this time of year is associated with high spending as people spoil loved ones over the holidays. Regrettably, this period is also riddled with fraudulent activities as fraudsters seek to swindle consumers at cash out points such as ATMs.
The Head of...
Amantin and Kasei Community Bank PLC at Amantin in the Bono East Region has posted satisfactory growth across all performance indicators in the 2021 financial year review.
The bank mobilised deposits to the tune of GH¢50.96million in 2021. The figure shows a 14.44 percent growth over the previous year’s achievement...
…grows pre-tax profit by 144% in 2021
Despite prevailing economic challenges during the 2021 financial year, Nandom Rural Bank (NRB) was able to maintain a very strong financial position - reflected by the growth in key indicators.
The bank saw its pre-tax profit rise by 144 percent over the previous year...
CalBank Plc was celebrated as the most admired indigenous bank and the 8th most admired Ghanaian brand by Brand Africa 100 at the 16th Advertisers Association of Ghana (AAG) Gong Gong Awards held in Accra over the weekend.
The 2022 survey was conducted between March and April 2022, and yielded...
The Court of Appeal has, in a unanimous decision of a three-member panel, held that the judicial review application filed before the High Court challenging the revocation of the operating licence of a defunct microfinance company, TI Microfinance Limited, by the Bank of Ghana (BoG), was wrong in law.
The...
