The Bono East Regional Minister, Francis Owusu Antwi, has praised the shareholders and Board of Directors of Yapra Community Bank for their commitment and collective efforts in helping the bank meet the minimum stated capital requirement set by the Bank of Ghana.
Speaking as the Special Guest of Honour at the bank’s 32nd Annual General Meeting in Prang, Mr. Owusu Antwi commended the institution’s leadership for strengthening the bank’s financial position and ensuring compliance with regulatory standards.
He, however, urged management to enhance its loan monitoring and recovery mechanisms to ensure that credit facilities granted to customers contribute positively to the bank’s growth, profitability and long-term sustainability.
The Regional Minister also encouraged residents within the bank’s operational areas to embrace a stronger savings culture by depositing their money with Yapra Community Bank rather than keeping it at home. According to him, the bank offers a safer and more dependable option for protecting personal finances while supporting local economic development.
For his part, the Acting Chief Executive Officer of Yapra Community Bank, Alhassan Anyiass, commended the bank’s staff for their dedication and hard work, which he said have played a vital role in the institution’s continued progress.
Mr. Anyiass assured customers that their deposits remain safe and secure, reaffirming the bank’s commitment to delivering quality financial services to individuals, businesses and communities within its catchment areas.
He further revealed that the bank intends to expand its loan portfolio this year to support more businesses and individuals. The move, he noted, is expected to improve the bank’s profitability while stimulating economic growth and development across the communities it serves.