Otuasekan Rural Bank Ltd, which has its Head Office at Kofiase in the Ashanti Region of Ghana, was incorporated on May 18, 1988 under the Companies Code 1963 (Act 179).
It was issued with the certificate to commence business on May 24, 1988. In addition to the Head Office, the Bank has nine (9) branches which are Kofiase Branch, Mampong Branch, Ejura Branch, Sepe Branch, Maakro Branch, Dr. Mensah Branch, Suame Branch, Abofour Branch and Nkenkaasu Branch.
As at 30th April, 2021 the Bank had 10,046 shareholders, 9,295,560 ordinary shares and a total customer base of 121,540.
Banks, Specialised Deposit-Taking Institutions (SDIs) and the Public are reminded that under section 313(A) of the Criminal Offences Act, 1960 (Act 29) as amended, it is an offence punishable by a fine and/or imprisonment of up to five (5) years for any person to issue a dud cheque………………[Read more]
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