Kofi Ahovi

  Kintampo Community Bank PLC has donated 100 mono-desks valued at about GH¢30,000 to Jema Senior High School in the Bono East Region to help address a furniture shortage affecting academic activities at the school. The donation follows an appeal by the school's management, which said inadequate furniture was hampering teaching and learning and called on the bank for support. Speaking at a handover ceremony, the Chief Executive Officer of Kintampo Community Bank, Martin Mensah, said the donation forms part of the bank's corporate social responsibility programme and its commitment to supporting community development. He said the bank planned to replicate similar interventions in other deprived schools within its operational areas. The bank will not relent in its efforts to administering corporate social responsibility to help cushion community development," Mensah said. He urged residents within the bank's catchment area to continue to trust and support the institution,...

  Community banks have been encouraged to strategically align their operations with ongoing regulatory reforms in the microfinance sector to enhance customer service, deepen financial inclusion and support local economic development. The Sunyani Regional Manager of ARB Apex Bank, Susan Boateng, made the call at the 40th Annual General Meeting (AGM) of Kintampo Community Bank PLC held at Kintampo in the Bono East Region. She noted that the Bank of Ghana's ongoing reforms are aimed at strengthening the rural and community banking sector through improved corporate governance, enhanced resilience and long-term sustainability. A key component of the reforms, she explained, is the transition from the traditional “Rural Bank” designation to “Community Bank” under the revised Microfinance Sector Framework. According to her, the transition goes beyond a change in nomenclature and reflects a broader commitment to growth, accountability and deeper community engagement. Boateng commended Kinta...