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Odotobri Rural Bank Celebrates 40 Years Of Impactful Service…Spends GHs 183,467.84 On Social Responsibility

 

 

By Enock Akonnor enockakonnor2013@gmail.com

Officials of Odotobri Rural Bank PLC have highlighted impactful gains the institution has made since 40 years of banking operation.

Owing to its customer friendly products and excellent service delivery, the Bank received a Gold Award in Rural Bank category (Deposit Mobilization) at the 19th Ashanti Financial Service Excellence Awards organised under the auspices of the Manhyia Palace in 2022.

 

It has also received an award as the Best Rural Bank in the Ashanti region for 2021 financial year which was organised by the Association of Rural Banks, Ghana in 2022.

On corporate social responsibility, it has consistently supported the activities of the Ghana Police Service to Forster security.

Hospitals, schools, among several institutions as well as farmers have also benefitted.

It has built a Community Center for Jacobu township, called “Nana Adu Darko Community Centre” and a Science Laboratory for Jacobu Senior High Technical School.

In recent times, the Bank spent an amount of GHs 183, 467.84 on corporate social responsibility in 2022 financial year.

Catalogued below is the breakdown;

  • Education- GHs 29,290.63
  • Health- GHs 6,500.00
  • Traditional Support- GHs 18,400.00
  • Community Infrastructure- GHs 87,312.21
  • Ghana Police Service -delegate 7,245.00
  • Ghana National Fire Service- GHs 1,000.00
  • Agriculture- GHs 16,700.00
  • Others- GHs 17,020.00

Chief Executive Officer for the Bank, Mr. Abraham Coffie made the above disclosure to the media during the celebration of the institution’s 40th anniversary in Kumasi.

He told the media at a press briefing that, further to the above halmark of achievements, bursaries are granted to brilliant but needy students annually.

In the year 2023 financial year for instance, scholarships and bursaries granted amounted to GHs 31,200.00.

The CEO told the press that Board and Management of the Bank are working seriously to roll out electronic channels like mobile app, develop products and services, open branches at strategic areas to bring banking businesses to the door steps of Ghanaians.

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