Home  |  Districts In Ghana  |  About Us  |  Send Us Feedback  |   Audio/Video Check Mail
search:
other districts in region
district related
 
news & current affairs
 
 
other links
 
related websites
 

financial institutions


Banking
There are five banks located in three major towns all along the Fosu-Cape Coast highway corridor. At Abura Dunkwa are the Ghana Commercial Bank Ltd., the oldest in the District, the Akoti Rural Bank, Ltd., and the Nyankumasi Ahenkro Rural Bank Ltd. At Moree are located the Kakum Rural Bank, Ltd. and the Mfantseman Rural Bank Ltd. at Abakrampa is located the sixth bank, the Kakum Rural Bank Ltd.

Besides other Banking services which it renders to the community, the Ghana Commercial Bank Ltd, provides the special services of the encashment of salaries of public servants working in the District as well as those of pensioned civil servants. Using salaries as collateral, the Ghana Commercial Bank provides short-term loans to civil servants working in the District
 
The Rural Banks are essentially Mobilization Centres for their parent Banks but also provide loans to their customers. Because of its worldwide connections, the Ghana Commercial Bank receives considerable transfers (which are usually deposited with the Bank) from many relatives living outside Ghana. These transfers are usually donations, gifts and remittances for the acquisition of urban land and construction of houses. The Ghana Commercial Bank Ltd. is also the main banker of the District Assembly.


 view links:

Relevant District Data

 Also in this district
© 2006. A Public - Private Partnership Programme between Ministry of Local Government and Rural Development and Maks Publications & Media Services