Kwahu Praso Rural Bank aims for top spot in rural banking
Kwahu Praso Rural Bank Limited is reorganising its operations to scale up its financial position after being admitted into the prestigious Ghana Club 100.
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The Chief Executive Officer of the bank, Lucy Opoku-Arthur, who is leading the reorganisation said the bank was riding on the back of its strong monitoring and evaluation mechanisms to scale its success.
Last year, the bank was ranked the Best Rural Bank and also placed 40th best company at the 20th Ghana Club 100 Awards for the year 2023. The CEO of the bank said consequence to the hard work, Kwahu Praso Rural Bank had over the years been ranked as a strong bank by the Evaluation and Monitoring Unit (EMU) of Apex Bank.
She said for the first time, the bank decided to make an entry into the 20th Edition of Ghana Club 100 Awards and expressed delight at the achievements. Ms Opoku-Arthur added that the Board of Directors, management and staff believed that the awards would spur the bank on to attain more laurels in the coming years.
“Kwahu Praso Rural Bank has been in operation as a rural bank for some years now, with a vision to be among the best financial intermediary capable of providing good financial services and ensuring good and higher standard of living of the people in the catchment area,” she said.
Currently, the bank has eight branches spread across six districts and municipal assemblies in the Eastern and Ashanti regions. The branches are Kwahu Praso, Nkawkaw, Obo Kwahu, Kwahu Tafo, Kwahu Mpraeso, Anyinam, Ejisu and Konongo.
As part of the bank’s mission to ensure good standard of living for its stakeholders in the catchment areas, it has undertaken various Corporate Social Responsibility projects.
Notable among them are the construction of two boreholes for Kwahu Praso community; yearly donation towards Farmers Day celebrations in all districts and municipalities within the operational areas of the bank; yearly donation and sponsorship to basic schools events; yearly donation of cash and assorted items to Nkwatia Childrens Home, provision of roofing sheets to selected basic schools to renovate school buildings.
