Odotobri Rural Bank in the Amansie Central District of the Ashanti Region recorded a 65 per cent increase in profit for 2012 by amassing GH¢1,584,664.57 as against GH¢954,812.40 for the previous year.
This performance was achieved as a result of prudent management strategies that slowed down the increase in operational expenses of the bank.
Kumasi, Aug. 28, GNA – Odotobri Rural Bank Limited is to introduce Automated Teller Machine (ATM) and mobile banking services as part of the drive to boost its operations.
Mr. Johnny Owusu-Boadi, the Board Chairman, said today’s banking was dependent on the provision of quality and efficient services considering the intense competition in the industry.
The Odotobri Rural Bank Limited at Jacobu in the Amansie Central District of Ashanti Region has inaugurated the Agric Nzema branch in Kumasi. This brings to eight the number of branches currently being operated by the Bank.
The branches include Jacobu, Obuasi, Bekwai, Asawase, Maakro, Krofrom and Roman Hill -- all in the Ashanti Region.
The Odotobiri Rural Bank (ORB) has provided an 80 KV power generator to the St. Peter’s Hospital at Jacobu to guarantee an uninterrupted power supply to the hospital.
The bank funded the installation of the generator at GH¢ 2, 000, 00. Additionally, the bank has again presented a cheque for GH¢ 2,000.00 to enable the hospital authorities to extend electricity to other departments of the hospital.