
Audio By Carbonatix
Major Ben Donkoh (Rtd), the Chairman of the Board of Directors of the Agona Rural Bank, has suggested to the government to deposit the District Assemblies Common Fund with rural banks instead of commercial banks.He said the situation where the funds were deposited only with the big banks was contravening the idea of instituting the fund, saying it was established to develop rural areas and not cities.
Major Donkoh made the suggestion when he addressed the 24th Annual General Meeting of the bank at Kwanyako in the Agona East District.He appealed to the government to reconsider its decision about the management of the fund, adding that the rural banks were closer to the District and Municipal Assemblies than the big banks.Mr John Ofori Jnr. General Manager of the Agona Rural Bank said six branches of the bank had been networked to enable customers cash their money at any of the branches.He appealed to shareholders to buy more shares to increase its share
capital.Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
NPP revises internal election guidelines to strengthen transparency and inclusiveness
16 minutes -
NACOC set to issue licences to qualified applicants for cannabis cultivation – Deputy Director-General
24 minutes -
Easter Outreach: Victory Bible Church offers free healthcare, NHIS support to hundreds
27 minutes -
NPP cannot pressure Mahama to sign a bill not yet received—Solomon Owusu
36 minutes -
MPs, institutions deepen support for Ghana Sports Fund with fresh contributions
43 minutes -
Four people die trying to board boat in Channel crossing attempt
50 minutes -
Abirem MP announces GH₵500,000 education fund to support needy students
51 minutes -
African stakeholders call for stronger ‘One Health’ action on climate and health crises
53 minutes -
DVLA to commission 5 new service centres in Greater Accra
58 minutes -
Agenda 111 and the right to health: A broken social contract
1 hour -
Bawa-Rock Ltd funds GH¢400,000 free surgeries for 102 vulnerable patients
1 hour -
Lambussie MP awards over GH¢200,000 in scholarships to students
1 hour -
Vice President expresses gratitude after double enstoolment in Volta Region
1 hour -
Beyond the Noise: Rebuilding trust in journalism in a digital age
1 hour -
I have to follow the law – CAF president tells Senegal regarding AFCON saga
1 hour