The Board of Directors of Capital Rural Bank PLC, led by Chairperson Mrs. Patricia Peprah-Agyemang, has expressed strong satisfaction with the growth and promising prospects of the bank’s innovative financial products.
Speaking at the bank’s 19th Annual General Meeting (AGM) held in Abesim, near Sunyani, Bono Region, Mrs. Peprah-Agyemang highlighted the success of two key offerings: the Capital Education Support Loan and the Capital Health Support Loan. These products have been instrumental in addressing the specific business challenges of customers in the education and health sectors.
The Capital Education Support Loan is a tailored financial product designed to meet the diverse financial needs of private educational institutions. Recognizing the critical role that education plays in socio-economic development, Capital Rural Bank developed this loan to assist schools in addressing various financial challenges. The loan covers areas such as infrastructural development, asset financing, repairs and maintenance, and working capital.
By providing targeted financial support, the bank aims to empower private educational institutions to expand their facilities, enhance their operations, and improve the overall quality of education they offer. This initiative is particularly timely given the increasing demand for quality education in the Bono Region and across Ghana. Schools benefiting from this loan can invest in better infrastructure, procure necessary educational materials, and ensure the smooth running of their institutions, ultimately contributing to the educational advancement of the region.
Capital Health Support Loan: Strengthening Private Health Facilities
In addition to supporting education, Capital Rural Bank has also launched the Capital Health Support Loan, aimed at boosting the operations of private health facilities. This loan provides healthcare providers with the financial resources needed to enhance their services, upgrade their equipment, and expand their facilities. As the demand for quality healthcare services continues to grow, this product ensures that private health institutions have the necessary capital to meet the needs of their patients effectively.
The Capital Health Support Loan is a vital tool in improving healthcare delivery in the Bono Region. By facilitating access to finance, the bank is helping private health facilities to remain competitive, offer better services, and contribute to the overall improvement of health outcomes in the community. This initiative is a clear demonstration of Capital Rural Bank’s commitment to supporting sectors that are critical to the well-being and development of the region.
The AGM also marked a significant milestone for Capital Rural Bank as it coincided with the celebration of the bank’s 20th anniversary. Over the past two decades, the bank has grown from a small rural financial institution to a key player in the region’s banking sector.
Mrs. Peprah-Agyemang reflected on this journey, emphasizing the bank’s renewed commitment to extending its unique financial solutions to all stakeholders in the Bono Region. “After twenty years of operations, we are entering a new decade with a renewed commitment to extend our unique financial solutions to all stakeholders in the Region,” she said. This statement underscores the bank’s dedication to continuously innovating and offering products that meet the evolving needs of its customers.
Commending Dedication and Encouraging Growth
During her address, Mrs. Peprah-Agyemang commended the management and staff of Capital Rural Bank for their unwavering commitment and dedication, which have been instrumental in the bank’s growth and success. She urged them to continue their diligent efforts in pushing the bank to greater heights.
Moreover, Mrs. Peprah-Agyemang called on businesses, entrepreneurs, investors, and customers—both current and potential—to trust Capital Rural Bank and engage more with its services. She encouraged shareholders to increase their investments by buying more shares, as this would enhance the bank’s viability and sustainability.
“By increasing your shares, you not only strengthen the bank but also contribute to boosting the local economy, spurring rapid socio-economic growth and development,” she added. This call to action is a reminder of the critical role that stakeholders play in the bank’s success and the broader economic landscape of the Bono Region.
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