A new book written by the First Managing Director of ARB Apex Bank Mr. Emmanuel Kwasi Kwapong has been launched with a call on bankers and policymakers to rely on the book to enhance their financial operations and national policy planning.
The book titled: “Together for Progress” – contains a story of the ARB Apex Bank and the Transformation of Rural Banks in Ghana.
“Together for Progress” written by the experienced banker Mr. Kwasi Kwapong, is meant to shape the work of existing and upcoming baking sector players, ministries, government agencies, and policymakers.
Apart from that, the newly launched book also spelt out the history of ARB Apex Bank including how it was established, the processes, since its inception on June 2, 2002, serving as a shining example to banking sector players.
Speaking at the launching ceremony of the book which coincides with the 19th Annual General Meeting of ARB Apex Bank Limited on Saturday 12 June 2021 in Accra, Mr. Kwasi Kwapong said: the book talks about the challenges associated with rural financing in Ghana.
This he said, for many years Bank of Ghana has been experimenting with strategies to get banks set up in rural Ghana but failed to happen.
Eventually, the idea to nurture rural banks and give them technical support came up resulting in the setting up of ARB Apex Bank during which I led technical team “.
According to Mr. Kwapong, the book seeks to update bankers and policymakers on the status of rural financing in Ghana aimed at informing, shaping future policy planning and development in Ghana.
Mr. Kwapong noted that “I treated subject on distressed rural banks, the causes of banks collapsing, I have treated them and it will be useful for banking sector players”.
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