Banking Hall for Akim Bosome Rural Bank Inaugurated

Mr Ofosu Asamoah the Member of Parliament for Kade has called on people living in rural areas to keep themselves abreast with electronic-banking processes.


He said the electronic-banking system introduced in some banks and being extended to rural areas is making financial transactions very easy for businesses and called on the citizens to learn more about the process.


Mr Asamoah said this at the inauguration of an official banking hall for the Kade branch of the Akim Bosome Rural Bank in the Kwaebibirem District of the Eastern Region.

Obaahemaa Akua Ofosua, the Queen Mother of Kade, cut the tape for the inauguration.

At a media briefing, Mr Edwin Ebo Quartey, the General Manager of the Akim Bosome Rural Bank, said the Kade branch was established in 1991 and has 15 employees including mobile bankers, a manageress, banking officers and a credit officer.

Mr Quartey said the Bank has products like fixed deposit, flexible loan terms, savings, “susu” loans, Western Union Money Gram, and E-Zwich.

Madam Rosemond Ampofoa, the Kade Branch Manageress, expressed hope that the bank would introduce new and interesting products to attract more clients.

Mr George Kumi-Brobbey, the Chairman of the Board of Directors, who gave a brief history of the Bank, said it was established in the year 1983 with eight staff at Akim Swedru but now has 81 staff in seven branches at various districts.

He said the Bank assists churches, schools and other institutions and also offers scholarships to brilliant but needy children.


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