Apex Link Limited has disclosed the Apex Bank would soon migrate its star product Apex Link Money Transfer onto an ICT platform to make it efficient, fast, safe and secure. This was contained in an address read by Mrs Eunice Osei-Bonsu, Corporate Affairs Manager, at the 25th Annual General Meeting of the Ada Rural Bank at Ada Foah. He underscored the need for Rural and Community Banks (RCBs) to form co-operative mergers in the face of the changing, challenging, competitive and turbulent landscape of the banking industry. He pointed out that one of the critical issues facing the rural banking industry was the issue of good governance and charged Boards of Rural Banks to be well-informed and ethical in the discharge of their duties. Mr Osei-Bonsu urged Rural Banks to consider selecting into their various boards, directors with requisite education and experience, people who would contribute to the effective management of the banks. He urged managements of Rural Banks to institute measures that would help identify, assess, monitor and control risks at their various banks. Mr Osei-Bonsu expressed regret at the general performance of the Ada Rural Bank last year, and advised the board, management and staff to sit up, hoping that with the proper strategies put in place the bank would be on the road to total recovery. "Adopt a more innovative approach towards funds mobilization, while exercising prudence in your credit delivery, and deliver prompt and efficient services to both existing and potential customers," he admonished the bank. Nene Gaduga Osrama IV, the immediate past Chairman of the Board of Directors of the Bank, thanked management for their co-operation during his tenure. Mr Ishmael Kwemefe Martey, Senior Manager of the bank, urged customers to buy shares there to enable the Bank increase its capital base. He also appealed to shareholders and customers who had taken loans to re-pay them so that others could enjoy the facility. Source: GNA