Nwabiagya Rural Bank Ltd.

Company name
Nwabiagya Rural Bank Ltd.
Address
Barekese, Kumasi, Ghana
Phone
0322091880
Mobile phone
0204353790
Fax
0322032381
Working hours
Thursday: 8am-5pm  See All
Establishment year 1987
Employees 201-500
Company manager Mr Samuel Nuamah-Dankwa

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2
Questions
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Mohammed Naziru Muniru
18 Feb, 2020
I want to use the mobile bank app,but I can not log in because of an invalid password. How can I get another password?
Frimpong Emmanuel
5 Jun, 2017
Please,i want to know if you sell Treasury bills.
2)what a your investment bills

Company Details

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Description
Nwabiagya Rural Bank Limited (NRB) is a community owned financial institution established in 1987 and located in the Ashanti region. NRB works through nine outlets and is regulated by the Bank of Ghana and supervised by the ARB Apex Bank Limited (an umbrella financial institution owned by the rural banks). NRB is owned by approximately 6000 members (owning about 68%), its directors (9%) and the management (4%). Goodwell West Africa Microfinance Company Ltd (an external investor) 19% shares

The first Branch started at Barekese with seven (7) members of staff made up of a Manager, an Accountant, a Clerk, a Teller, a Driver, a Security man and a Janitor. By dint of hardwork, the Bank now has nine (9) branches and staff strength of Two Hundred and one (201).

NRB wants to consolidate its position as a leading Rural Bank in the provision of competitive and affordable financial services in an increasingly competitive environment. NRB offers savings, loans and payment products to reach this goal. The Bank has a focus on customer service, boosted by its ownership structure where some clients also own its shares. NRB is among the cheaper (in terms of cost) and faster Banks in its operational area and has fairly high client retention.

NRB attracts many savers who are currently over 115,000; Customers have deposited almost GHs 67,707,794.

The Bank has shown an impressive and tremendous growth over the years and continues to meet all statutory requirements of the Bank of Ghana, ARB Apex Bank Limited including other Public Institutions. The Bank continues to be one of the best managed Rural Financial Institutions in the country as adjudged by Bank of Ghana.

As a result of the top performance of the Bank over the years, in 2011, investors from the Nederland, namely, GOODWELL WEST AFRICA MICROFINANCE DEVELOPMENT COMPANY LIMITED, decided to invest US$ 1, 000, 000 (One million US dollars) in the Bank’s equity shares. Thus, NRB became the first Rural Bank in Ghana to have foreign institutional investors injecting capital into the Business

The Bank’s vision is to become the best managed and leading Rural Bank in the provision of competitive and affordable financial services in the country.
The mission of the Bank is to provide efficient and effective financial services by adopting appropriate technology, increase market share, enhance optimal realization of stakeholders’ interest, human resource development and product innovations.
Working hours
Monday:8am-5pm
Tuesday:8am-5pm
Wednesday:8am-5pm
Thursday:8am-5pm
Friday:8am-5pm
Saturday:9am-1pm
Sunday:Closed

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Last update: June 2018 - View Status

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