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The Atwima Kwanwoma Rural Bank Limited has officially opened a new branch at Kronum a suburb of the Kumasi city in the Ashanti Region. The branch aims at providing banking services to the people of communities like Kodie, Dwenease, Afrancho, Buoho and other surrounding communities. Speaking at the ceremony, the Chairman of the Board of Directors (BOD) Mr Patrick Owusu in his address stated that the newly opened branch started operating about 6 months ago and it has been able open accounts for 2,712 customers amid its official opening.

According to him Atwima Kwanwoma Rural Bank Limited performance in banking service in Ghana has been strong and awesome. He said although rural banks need to reach the the Bank of Ghana (BoG) minimum capital requirement of 1 million, “but our cherish capital outcome at 3.1 million GHS far and above the minimum bank requirements and the bank has a capital adequate ratio of 45% and this one is also far and above over the minimum requirement bank ratio of BoG which is 10%. Therefore this is the bank we need to do business with”.

Atwima Kwanwoma Rural Bank Limited was established in 1983 as the 68th Rural Bank to be licensed by the Bank of Ghana to offer banking services to the Rural and Sub-Urban Communities at Pakyi No. 2 in the Amansie-West District of the Ashanti Region.
The bank which began humbly from rented premises had focused, among others, on the provision of financial intermediations, inculcation of saving habit among the rural folks and the provision of community infrastructure.