{"id":1036321,"date":"2022-03-27T18:24:45","date_gmt":"2022-03-27T18:24:45","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/03\/27\/ahantaman-rural-bank-pays-dividends-to-shareholders\/"},"modified":"2022-03-27T18:24:45","modified_gmt":"2022-03-27T18:24:45","slug":"ahantaman-rural-bank-pays-dividends-to-shareholders","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/03\/27\/ahantaman-rural-bank-pays-dividends-to-shareholders\/","title":{"rendered":"Ahantaman Rural Bank pays dividends to shareholders"},"content":{"rendered":"

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\n Agona-Nkwanta (WR), March 27, GNA- The Ahantaman Rural Bank Limited is to pay a total of GHc2, 714,278 in dividends to shareholders of the bank despite the COVID-19 stress and the aftereffects of the financial sector clean-up.<\/p>\n
Mr Eric Danning, the Chairman of the Board of Directors said the proposed dividends of GHC 0.08 per share was a 23.53 per cent return on a share price of GHC 0.34.<\/div>\n
The Bank in the 2021 fiscal year chalked some quick progress and growth with robust appreciation in total assets, deposits, and investment.<\/div>\n
He said the increase in total assets was because of investment in some government securities and deposits also recording moderate year on year good liquidity flow.<\/div>\n
Mr Danning at the Annual General Meeting of the Bank at Agona Nkwanta told Shareholders that the 2021 performance of the bank indicated significant growth in paid-up capital and total assets as well.<\/div>\n
The Bank made a profit before tax of 6, 364,328 cedis with total assets of 166,019,417 and paid-up capital of 5,745,516 cedis.<\/div>\n
The shareholders’ fund in the year under review stood at 18, 157, 753 cedis and an investment portfolio of 85, 291,613 cedis.<\/div>\n
The Board Chairman said the Bank continued to deploy innovative approaches in ICT (Information and Communication Technology), strategies, good policies, and prudent management to soaring growth in the years ahead.<\/div>\n
Mr Benjamin Afful-Eshun, the Chief Executive Officer of the Ahantaman Rural Bank appreciated the dedication of staff in achieving the feat in the year under review.<\/div>\n
Mr Alex Kwesi Awuah, Managing Director of the Apex Bank lauded the Bank\u2019s performance and urged them to strengthen internal auditing mechanisms through training and retraining.<\/div>\n
Ms Comfort Owusu, Official of Association of Rural Banks urged them to be more innovative and strategic in the years ahead to achieve more.<\/div>\n
The association she announced would initiate cyber security training programmes for members to become more aware of threats in the internet space and how to handle them.<\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Agona-Nkwanta (WR), March 27, GNA- The Ahantaman Rural Bank Limited is to pay a total of GHc2, 714,278 in dividends to shareholders of the bank despite the COVID-19 stress and the aftereffects of the financial sector clean-up. Mr Eric Danning, the Chairman of the Board of Directors said the proposed dividends of GHC 0.08 per […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[6693,557,6694,1776,1278,4283],"class_list":["post-1036321","post","type-post","status-publish","format-standard","category-business","tag-ahantaman","tag-bank","tag-dividends","tag-pays","tag-rural","tag-shareholders"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1036321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1036321"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1036321\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1036321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1036321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1036321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}