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Rural banks were first established in Ghana in 1976 to provide banking services, provide credit to small-scale farmers and businesses and support development projects, with the first being in Agona Nyakrom in Central Region. [1] [2] [3] The banks are locally owned and managed. [4] By 2002 115 rural banks had been established. [5]
In Ghana, rural banks are financed mainly via the Rural Financial Services Project (RFSP), that is a project of the government to solve the operational problems of the rural financial sector. Every Rural and Community bank in Ghana was mandated to contribute two thousand Ghana cedi to buy shares of the ARB – Apex bank Ltd, to enable the bank ...
Atwima Rural Bank Ltd is a rural bank founded in 1980 and located in Kumasi, Ghana. [1] Like other rural banks in Ghana it provides banking services to the rural population and is regulated by the ARB Apex Bank. In 2008 the bank informed that its deposits grew from GH¢29,379 in 2006 to GH¢3,615,010 in 2007. [2]
It is the developmental finance institution that provides technical and financial services to agribusiness, farmers, and other enterprises at the rural communities. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator. [2] The main objective of the bank is promoting and financing of agribusiness in the ...
Pages in category "Banks of Ghana" The following 32 pages are in this category, out of 32 total. ... The Royal Bank, Ghana; Rural banks in Ghana; S. Societe Generale ...
20.3 Rural bank. 21 Guinea. Toggle Guinea subsection. 21.1 Central bank. 21.2 Banks and other financial institutions. ... Absa Bank Ghana (formerly Barclays Bank of ...
Below are rural areas that offer good deals and standards of living, but are near enough to important amenities, for retirees living on Social Security. You can also read more about the 15 best ...
First Atlantic Bank Limited; First National Bank (Ghana) Limited, part of FirstRand Group; GCB Bank PLC, majority state-owned; Guaranty Trust Bank (Ghana) Limited, part of GTCO Group; National Investment Bank Limited, state-owned; OmniBSIC Bank Ghana Limited; Prudential Bank Limited; Republic Bank (Ghana) PLC, part of Republic Bank Group ...