ARB Apex Bank

About

The ARB Apex Bank Limited is a “mini”-central bank for the Rural & Community Banks (RCBs).   The Bank was registered as a public limited liability company in January 2000.  The shareholders are the RCBs.  It was granted a banking license in June 2001 and was admitted to the Bankers Clearing House as the 19th member in August 2001. It had its certificate to commence business on 1st November 2001 and commenced banking business on 2nd July 2002.  The activities and operations of the Bank are governed by the ARB Apex Bank Limited Regulations, 2006 (L. I. 1825) which came into effect on 12th December 2006. The Bank has 9 branch offices throughout the country, which are as follows: Accra, Kumasi, Sunyani, Bolgatanga, Takoradi, Koforidua, Hohoe, Tamale Functions of the ARB Apex Bank The following are the "central banking" functions of the ARB Apex Bank of Ghana; - Keep accounts and maintain primary cash reserves. - Monitor, inspect, supervise and ensure compliance. - Lend funds. - Handle cheque clearing activities. - Provide specie services. - Supply cash and receive excess cash. - Render funds management services. - Guarantee payment instruments. - Provide audit and inspection services. - Develop credit assessment procedures and monitor loans and advances. - Provide ICT services. - Provide training for staff and directors. - Provide a deposit insurance scheme to protect deposits of customers. Vision, Mission & Core Values VISION To remain the most effective and efficient service provider to the RCBs. MISSION To provide banking and non-banking services to the satisfaction of the RCBs and other stakeholders. CORE VALUES S-SPEED E-EFFICIENCY R-RESPECT V-VERSATILITY I-INTEGRITY C-COMMITMENT E-EFFECTIVENESS ADDRESS CONTACT US ARB APEX BANK LTD. HEAD OFFICE No. 5, 9th Road, Gamel Abdul Nasser Avenue, South Ridge, Accra P. O. Box GP 20321, Accra Telephone: 030 277 1738 / 277 2129 / 277 2034 Fax: 233 30 277 2260 Email: apex@arbapexbank.com

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