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...
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 causes of errors and financial losses **This article was first published in Dec, 2017** It is said that silence is golden…is it always? Of course not. Have you ever regretted not asking for explanations to instructions given you at work? For Christians, even though we should have absolute and...
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...
...but 74% say no employment in next 6-months Even with no cure in sight and threats of a second wave of COVID-19 infections, 80 percent of businesses are expecting to return to full recovery by June 2021 - while only 26 percent are likely to hire new workers in the...
…as Oti Region benefits from 3rd phase of nationwide markets disinfection Markets, lorry parks, toilet facilities and other public places in the Oti Region have benefitted from the third phase of the ongoing markets disinfection. The exercise is part of measures adopted by central government through the Ministry of Sanitation and...
…as enterprises are still not out of the woods yet Considering the impact of the pandemic on businesses and the financial sector, it will be prudent for banks to extend the moratorium they gave to enterprises so they can have a breathing space, Managing Director of Fidelity Bank, Julian Kingsley...