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ARB APEX Bank honours past Board Chairs

By: Ewurabena Paha The Association of Rural Banks Ghana has honoured three of its past board chairmen during the banks  2023 Festival of Nine Lessons and Carols in Accra. The three are Dr. Sam Dufu, who chaired from 2007 to 2009.  Francis Akoto from 2013 to 2015 and James Kwame Otieku, who steered the affairs […]

ARB APEX Bank holds 21st Annual General Meeting at Kwahu Nkwatia

ARB APEX Bank holds 21st Annual General Meeting at Kwahu Nkwatia

By: Ewurabena Paha Rural banks across the country have not been spared from the devastating effect of governments domestic debt exchange program. Though the banks recorded an unprecedented growth of 10.3 million cedis in 2022, the DDEP wiped everything off. This resulted in significant impairment losses of 113.6 million cedis leading to a loss before […]

Rural Banks yet to comply with BOG’s 2021 Corporate Governance directives

By: Ewurabena Paha A Deputy Governor of the Bank of Ghana (BOG), Mrs. Elsie Addo Awadzie says being a Chief Executive Officer (CEO) of a bank is not an issue of prestige but rather that of a huge responsible. Speaking as the guest at ARB Apex Bank 21st CEO’s Conference in Ho, Mrs. Awadzie said […]

Bank of Ghana urges rural banks to leverage on technology

Bank of Ghana

Mrs Elsie Addo Awadzi, Second Deputy Governor of the Bank of Ghana (BoG), has called on Rural and Community Banks (RCBs) to leverage growing digital technology to maintain relevance within the financial services sector. She said commercial banks were riding on digital technology and the government’s digitisation drive to increase appeal among rural and local […]

ARB APEX Bank holds 20th AGM; reechoes commitment to rural and community banks

ARB APEX Bank holds 20th AGM; reechoes commitment to rural and community banks

By: Razak Baba The ARB Apex Bank has expressed grave concern about rural and community banks’ continued investment with universal banks, with others borrowing from universal banks and using their deposits as collateral. The ARB Apex Bank says it stands ready to support every rural and community bank in undertaking prudent investments and has available […]