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19.10.2004 Business & Finance

Apex Bank to extend training to shareholders-Kwapong


Prampram, Oct 19, GNA - Mr Emmanuel Kwapong, Managing Director of the Association of Rural Banks (ARB) Apex Bank Limited, had stated that Apex would soon included shareholders in its training programmes. The programmes, which he said, had improved the images of Rural and Community Banks (RCBs), would help sharpen shareholders' skills, and increase their knowledge on banking for efficient and effective service delivery.

Mr Kwapong made the remark in a speech read for him at the 19th Annual General Meeting (AGM) of the Dangme Rural Bank at Prampram over the weekend.

He noted that the Apex Bank served as a conduit for channeling on-lending micro finance credits from government and donor communities to RCBs.

This intervention, he said, was to ensure proper utilization of funds, and to also promote sustainability of these programmes. Mr Kwapong said the services had also made it possible for the participating RCBs to fund micro-credit activities to help improve the economic conditions of the beneficiaries.

He appealed to RCBs, which did not patronized the Apex Link Domestic Funds Transfer Product to do so, because it was fast, convenient and reliable.

Mr K T K Agban, Dangme West District Chief Executive, commended the Board, management, staff, shareholders and customers of the bank for their teamwork, which he said, had made the Dangme Rural Bank one of the best in the Greater-Accra Region.

Mr Agban lauded the bank for providing workers with credit facilities and urged it to give buinessmen the needed financial and technical support to enable them to develop their talents and create wealth and reduce poverty towards the economic growth. Nii Dortey Abotsi III, Chairman of the Board of Directors of the Bank, urged people in the district to buy more shares from the Bank to raise its capital base.