NEWS

    ARB Apex Bank says it is diversifying its income streams to increase profits and improve value for shareholders. The bank recovered from a 2016 loss of GHS13.6 million to record profit after tax of GHS4.4 million Ghana in 2017.
    Directors, shareholders and managers of rural and community banks (RCBs) in the country have been advised to adhere to prudential regulations of the Bank of Ghana (BoG) and the ARB Apex Bank to pre-empt regulatory sanctions.
    "Time with the Managing Director" - The event, organised by the Bank’s local Union of Industry, Commerce and Finance Workers (UNICOF) of Ghana Trade Union Congress, was held under the theme: "ARB Apex Now and the ARB Apex in the Future". It was held as an interactive programme for the staff of the Bank to interact with the MD, who has been in office for barely eight months now, to share in his vision and deliberate on ways to return the Bank to profitability by the end of his term of office.
    The ARB Apex Bank Limited is strategically repositioning itself to help recapitalise rural and community banks so they could partner with government to implement some of its social flagship programmes.

    OWNERSHIP STRUCTURE AND GOVERNANCE OF RURAL AND COMMUNITY BANKS (RCBs)

    The Management of the ARB Apex Bank Limited wishes to inform the general public that per the Bank of Ghana Notice No. BG/GOV/SEC/2008/20, the ownership structure and governance of the Rural and Community Banks (RCBs) are as follows; 

    The ARB Apex Bank is the first local bank to issue a domestic card which employs Europay MasterCard Visa (EMV) standards with CHIP and PIN for transactions to facilitate payments on the Gh-Link platform, the Chief Executive Officer of GhIPSS  Achie Hesse  has stated.
    A board member of Kwamanman Rural Bank Limited at Kwaman in the Ashanti Region, Mr. Newman Dapaah, has assured the new Managing Director of ARB Apex Bank Limited, Mr. Kojo Mattah, of support for him and his colleague directors to pursue his agenda of transforming rural and community banks as well as the ARB Apex Bank.
    The Fiaseman Rural Bank Limited at Bogoso in the Prestea Huni-Valley district of the Western Region has honoured the bank’s General Manager and four others as they bow out of active service after various years of serving the bank in different capacities.

    THE Sonzele Rural Bank continues to show strong performance as it posted significant profit before tax for the year ending 2016. The bank managed a profit before tax of GH¢770,455.00 representing 19.40 percentage increase over the 2015 figure of GH¢645,263.00.

    The ARB Apex Bank together with the over one hundred and forty rural and community banks across the country held its annual two-day managers conference in Ho, the capital of the Volta region at Volta Serene Hotel from 13th to 14th October, 2017 on the theme “MAKING GREATER IMPACT IN THE RURAL BANKING INDUSTRY THROUGH INNOVATION AND COLLABORATION FOR SUSTAINABLE GROWTH”.