BBRB to increase its share capital

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The General Manager of Brakwa Breman Rural Bank (BBRB), Mr Kaedabi Donkor, has said the Ghana of Ghana (BOG) had directed rural banks to increase their share capital to 300,000.00 Ghana cedis.

wpid-Rural-Bank.jpgHe said to achieve this target the Bank had launched a shareholders? promotion programme at its 29th Annual General Meeting held at Brakwa.

Mr Donkor said as a way of rewarding shareholders, the bank had set aside some items to be given to those who would buy shares from now up to January 2015.

These include GTP cloth for GHC 500.00 worth of shares, HI Target cloth for GHC 300.00 worth of shares, Woodin material for GHC 200.00 worth of shares, cutlass/T-shirt for GHC 100.00 worth of shares and exercise books for GHC 50.00 worth of shares.

He said if the bank is able to get the required amount it would be in a position to expand further, adding that it had been in existence for 32 years but has only three branches at Brakwa, Breman Asikuma and Odoben which is not good enough.

GNA

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