Background
The Government of Ghana (GOG) has been granted a credit facility by OPEC Fund for International Development (OFID) to support rural development in Ghana through the Integrated Rural Development Project II (IRDP II).
In response to the President’s call for support, ARB Apex Bank has donated GHS100,000.00 to the special fund established in honour of the victims of the August 6, 2026, helicopter crash.
ARB Apex Bank and the Rural and Community Banks (RCBs) have with the Ghana InterBank Payment and Settlement Systems (GhIPSS) to introduce the Automated Clearing House (ACH) Direct Credit Near Real Time (NRT) service to strengthen financial services delivery in rural communities.
he team won the overall second best position and took home three gold medals, one silver, one bronze, and a trophy. The programme was held at the University of Ghana, Legon sport stadium on Saturday, October 26, 2024.
The President of the National Association of Rural Banks, Ghana, His Worship Eric Danning, is strongly advocating for the release of the locked-up funds of Rural and Community Banks (RCBs), which currently total approximately GH₵500 million.
Officials of ARB APEX Bank are set to distribute 5,000 Point of Sale (PoS) devices to agents of Rural and Community Banks (RCBs) across Ghana under the Financial Sector Development Project (FSDP).
Officials of ARB APEX Bank are poised to distribute 5,000 Point of Sale (PoS) devices to agents of Rural and Community Banks (RCB) across the country through the Financial Sector Development Project (FSDP).
In their quest to attain the new edge of development in financial intermediation, the rural and community banks have operationalized their digital banking platforms.
The ARB Apex Bank has held its 23rd Chief Executives Conference with a number of pleas and proposals to government. Board Chairman of the Bank Dr Anthony Aubynn proposed that rural banks be prioritized as primary beneficiaries of government financial assistance aimed at uplifting rural economies. He said government must consider providing a one-time concessionary loan to RCBs, which would empower them to lend to small businesses.
The 2nd Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi, has urged Rural and Community Banks (RCBs) to adopt technology and digitalisation in their operations to enable them to position themselves in the national financial inclusion agenda.