PRODUCTS & SERVICES

Banking Products

Current Account
Savings Account
Fixed Deposit
Call Account
Negotiable Certificate of Deposit
Susu Deposit Scheme
Epo Nworaba
Kese Wo Kan

Advances

i.   Loans – (a) Salaried loans (b) Business Loans (c) Building and Car Loans

ii.  Advances for Outboard Motor and Fishing Nets
iii. Overdraft / Salary Advance
iii. Consumer loans
iv. Enyidado Rice Package
v.  Enyidado School Fees


Consumer Credit Scheme

The bank has a subsidiary company. The Rural Assistance Limited, a trading commercial establishment, which provide all customers with a wide range of consumer/household goods, that is, refrigerators, televisions sets, video decks, sewing machines, textiles, clothing, cookers, fans, asbestos sheets and to mention a few. Customers of the bank apply for such items and make payment by instalment.


Women in Development (micro credit and savings scheme)

The bank as partners with Freedom From Hunger (FFH) A Non Governmental Organisation established the Women In Development Project in 1992. The project established a credit with education program in the catchment area purposely designed to empower our rural women to tackle the problem of poverty, hunger and malnutrition.

Women interested in receiving credit come together to form credit with savings associations (CSA). The women invest in activities that they know already.

As at 01/01/2011, the bank has established One Hundred and Twenty one [121] Credit with Savings Associations with an average of Twenty (20) members in each association in Twenty-one Communities.
Total savings and Disbursed loans as at 01/01/11 were GHS158,513.36 and GHC138,050.00 respectively.
 
 >> Company News
 

In line with our vision of being the leading rural bank in the country with the community development in our catchment's area, we have open a new branch of the bank in Nkrofull in the Ellembelle District. 

 

more news >>
 
 >> Bank Branches & Agencies
 
 Branch/Agency  Contact Phone No
 Aboadze   +233 31 20 93242
 Daboase   +233 31 20 92260
 Kojokrom   +233 31 20 93241
 Essikadu   +233 31 20 47460
 Effiakuma   +233 31 20 24556
 Kokompe   +233 31 20 21520
 Kwesimintsim   +233 31 20 27484
 Anaji   +233 31 20 96806
 Mpohor   +233 31 20 96809
 Axim   +233 31 20 22716
 Nkroful   +233 277 812 382/3
 
 STATED CAPITAL

The Lower Pra Rural Bank Limited is a public limited liability company with authorised capital of Five Million Ordinary Shares and One Hundred and Twenty Five Thousand preference Shares of no par value.

The Shareholders are individuals in the bank’s catchment area. The Bank of Ghana owns the total of the Preference Shares.

The total number of Ordinary Shares subscribed, as at January 1, 2011 was Three Million Eight Hundred and Ninety Four Thousand amounting to One Million Two Hundred and sixty nine Thousand, Two Hundred and fifty one Ghana Cedis Nine Ghana Pesewas (GHS1,269,251.09). The price per share is One Ghana Cedis (GHS1.00).
 CORPORATE ACHIEVEMENTS

Rural Bank of the year award - 1991
 The bank received the best-operated Rural Bank Award in 1991, in recognition of its expanded and improved services to customers.  This was awarded by the Chartered Institute of Marketing (Ghana).

 

National Good Corporate Citizen Award - 1996

This honour was done to the bank in recognition of the positive contribution to the Civic Community and Ghana in the area of finance. The certificate was received on the occasion of the 5th Ghana International Trade Fair from the President of the Republic of Ghana then Flt. Lt. Jerry John Rawlings.

Member of ‘Ghana Club 100’