BOSOMTWE RURAL BANK MATCHES ON (PAGE , GRAPHIC NSEMPA, JULY 19, 2010)

By George Ernest Asare, Kokofu

THE inauguration of the Kokofu branch of Bosomtwe Rural Bank on Tuesday, July 6, 2010, marked another landmark in the bank’s forward match to becoming one of the best financial institutions in the country.
The ceremony, which coincided with the 20th annual general meeting of the bank, attracted a large number of dignitaries, including the Paramount Chief of Kokofu Traditional Area, Barima Offe Kwasi Okogyeasuo, who cut the tape to inaugurate the bank.
The inauguration of the new branch brought to eight the total number of agencies operated by the bank as a way of taking the culture of banking to the doorsteps of the ordinary Ghanaian.
With its headquarters, located at Kuntanase the Bosomtwe Rural Bank, which was inaugurated in 1983, has other bracnhes at Jachie, Atonsu, Dadiesoaba, Atwima Amanfriom, Ahenema Kokoben and Trede
The bank also operates one mobilisation centre at Atonsu Bokro, which would soon be upgraded into an agency to facilitate efficiency in its operations for the customers at the area.
In a speech read on his behalf during the inaugural ceremony, the Chairman of the Board of Governors, Mr Simon Osei-Mensah, assured all that Bosomtwe Rural Bank, which was rated in March this year as the best among all Rural and Community banks by the Apex Bank, “Will continue with its prudent strategies and policies aimed at sustaining growth and development”.
“The bank will intensify loans recovery, deposit mobilisation and maintain quality assets to increase profitability,” he stressed, adding, “Human resource development will again continue to be high on the bank’s agenda”.
He said to enhance efficiency in their operations, the bank had now computerised all their agencies, assuring that all agencies “would be connected to a wide area network so that a customer at any of our branches, can access his or her accounts at any branch”.
While commending the management and staff for their sense of professionalism in discharging their duties, he charged them to continue to be committed and dedicated to the operations of the bank.
This, he said, would enable them to realise their objective of sustaining the welfare of the people in their catchment areas and also sustain its goal as the best Rural Bank in the country.