The establishment of Odotobri Rural Bank Limited was a response by the Government to Odotobri Cocoa Farmers’ appeal to help alleviate their plight at a time when they had to travel long distances of over 20km, most often on foot to cash their Akuafo Cheques at Ghana Commercial Banks and Agricultural Development Banks in Bekwai, Obuasi and Kumasi as the case may be.
Odotobri Rural Bank Ltd. was incorporated by shares in March 29, 1982 with registration number 20476 under the Companies Code of 1963(Act 179). The Bank was issued with a license to commence Banking Operations on September 7, 1982 under the Banking Act 1970 (Act 339). The bank started actual operations to the public on September 16, 1983.
The Bank's corporate values are:
- Responsibility to Clients
- Responsibility of Employers
- Responsibility to the Society
- Responsibility to Shareholders
- Responsibility to Employees
Our Mission
To provide efficient financial services through customized products, good corporate governance, well motivated human resource, maximization of shareholders’ wealth, consistent application of improved technology and being socially responsible.
Our Vision
To be an Accomplished Giant in Unit Banking.
Our Accomplishments
To crown our efforts, the Bank was admitted into the 2003 Edition of Ghana Club 100 in recognition for our contribution towards national development and has since remained a member till date.
Below are the rankings chalked by the Bank in the past few years.
GC 100 Ranking
- 2003 ------------------- 51st
- 2004 ------------------- 70th
- 2006 ------------------- 37th
- 2008 ------------------- 67th
- 2010 ------------------- 46th
- 2011 ------------------- 40th
- 2012 ------------------- 58th
- 2013/2014 ----------- 44th
- 2015 ------------------- 51st
- 2016 ------------------- 58th
Ashanti Financial Services Excellence Awards
- Year 2012 (9th Edition) - Gold
- Year 2013 (10th Edition) - Gold
- Year 2014 (11th Edition) - Gold
- Year 2015 (12th Edition) - Gold
- Year 2016 (13th Edition) - Gold
Business & Financial Services Excellence Awards
- Year 2010 (3rd Edition) - Silver
- Year 2013 (6th Edition) - Silver
- Year 2014 (7th Edition) - Silver
- Year 2015 (8th Edition) - Gold
- Rural Bank of the Year, 2012 (Maiden Edition) and 2016 by Chartered Institute of Marketing, Ghana (CIMG).
- 1st Runner-Up in Deposit Mobilization as adjudged by ARB Apex Bank Ltd.
- International Star for Leadership in Quality (ISLQ) by Business Initiative Directions, Paris (2015).
- International Diamond Prize for Excellence for Excellence in Quality by European Society for Quality Research (ESQR) – Vienna, Austria (2015).
- International Award for Business Excellence and Prestige in the Platinum Category, presented by Business Initiative Directions (BID) in New York (2016).
- Outstanding Rural Bank of the year, received at the West African Regional Magazine Achievers Awards (2016).
- Fastest Growing Rural Bank Brand and Top Emerging Rural Bank Brand awarded by for year 2016, awarded by Premier Brands Ghana at the Brand Excellence Awards (2017).
- Recognition of Entrepreneurial Company with all its Rights and Privileges, given at St. Thomas, US Virgin Islands in July, 2017 by World Confederation of Businesses at the BIZZ Awards.
- Financial Services Excellence Hall of Fame (2017) by Premier Brands Ghana.