ADANSI BANK HQ-FOMENA

Company Profile

Adansi Rural Bank is a Limited Liability Company established in 1980 in line with the Companies Code 1963, Act 179 and operates within the framework and limitations in the manner provided for in the Banking Act 2004, Act 673.

The Bank has its headquarters at Fomena in the Ashanti Region which is located about 58 kilometers southwards on the Kumasi-Cape Coast Highway. Fomena, a notable town with a long and distinguished history of traditional authority as the seat of the Omanhene of the Adansi State is also the political and administrative capital of the Adansi North District which was established in 2004. It is also about 22 kilometers eastwards from Obuasi, noted for its leading position in gold mining worldwide.

The Bank has nine (9) branches Kaase, Dunkirk, Atonsu, Kotwi and Mbrom (all in Kumasi), Fomena, Obuasi, Akrokerri, and New Edubiase, a Mobilization Center at Asokwa, in addition to the Head Office at Fomena.

Vision Statement

The Vision of the Bank is to be the most preferred, efficient and effective Rural and Community Bank working to optimize share holder value.

Mission Statement

The Mission of the bank is to be among the best three Rural and Community Banks in Ghana in terms of Profitability, Efficiency and Growth through the provision of quality products and customer service using appropriate technology and a highly motivated staff.

Corporate values

The Corporate Values of Adansi Rural Bank Limited is as follows:

  • Passionate about our services
  • Putting the customer first
  • Team work and mutual respect among staff
  • Dependable and trust worthy
  • Shareholders satisfaction
  • Socially responsible
  • honesty

Broad Goals

The Bank on inception had the following broad based objectives

  • Provision of superior customer service
  • Proactive and innovative

Board of Directors

The Board determines the Bank’s purpose, values, and the strategies to achieve them. Its principal focus is to achieve value maximization for shareholder

The Board is made up of experienced, skilled, knowledgeable and cross competent persons who have the zeal and commitment to service and have been up to their responsibilities over the years. One major advantage of the Board is that its composition has been largely stable and has engendered teamwork and cooperation and this has facilitated its work.

 

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