Prudential Bank opens Adenta Branch

Published in the Daily Graphic on 04/06/2010, pg 29

Story: Matilda Attram

PRUDENTIAL Bank Limited, an indigenous bank which aims at promoting Small and Medium Scale Enterprises (SME’s) thorughout the country has opened a new branch at the Adenta community to improve on the economic activities of the community.
This brings to 24 the number of branches the bank has opened throughout the country. The bank also has three agencies operating as subsidiaries.
At the opening ceremony, the Deputy Managing Director of the bank, Mrs Mary Brown said the bank would expand on its branch network in order to cover every district and region in the country.
According to her, Prudential Bank was the first local bank to introduce micro financing to assist SME’s in the country.
She said the bank, since its establishment in 1996 had given financial assistance to individuals and SME’s and other businesses.
Mrs Brown indicated that although the bank operated locally, it provided international banking services and covered the operations of both the local and foreign currencies.
She mentioned the handling of import and export bills, sales and purchase of foreign exchange and the handling of foreign transfers as some of the international services offered by the bank.
The Head of Corporate Marketing Department of the bank, Ms Grace Osei-Bonsu, stated that the bank offered all types of banking services within the area it operated but focused mainly on SME’s such as trading and agriculture production.
She, further, outlined savings account, current accounts, students accounts, fixed deposit, transfer of funds, project financing, export financing, consumer credit facility, home base account, trust account, executive banking, export advisory services, and short, medium and large term loans as some of the services offered by the bank.
“PBL provides one-stop-shop banking services to our customers and all sectors of the economy at all our branches but with special focus on SME’s,” she emphasised.
She, therefore, encouraged all to take advantage of the bank’s products and services in order to enjoy its benefits.