Kwamanman Rural Bank
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About
The establishment of Kwamanman Rural Bank came about when a group of progressive elders of the town met to brainstorm on the possibility of setting up a bank in Kwaman. These men, and a few others were united in their vision that a bank in Kwaman would provide the badly needed financial intermediation for the rapid socio-economic development.
The Vision
Their vision was also to alleviate the needless poverty and suffering that had engulfed the community and its surrounding villages at the time when they had to travel long distance of over 38 kilometers to have access to banking services and to cash their Akuafo Cheque at the Ghana Commercial Bank at Nsuta and Mampong. Kwamanman Rural Bank was incorporated in Ghana to carry on the business of banking under the Banking Act, 1970 (Act 339) on the 27th August, 1982 as the 5th Rural Bank in the Ashanti Region and the 38th in the whole country. The Bank has since that time achieved unprecedented growth over the years. The bank's agency network has increased from the parent office at Kwaman to ten (10) other branches.
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rural banking
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