The Adansi Rural Bank Limited at Fomena in the Adansi North District of Ashanti Region has renewed its commitment in corporate social responsibility.
The Bank has offered educationalscholarshipto seven needy but brilliant students whose parents and guardians are shareholders of the Bank and hail from the operational territories of the Bank.
This is a renewed commitment by the Bank to pay extra attention to its corporate social responsibility particularly in the area of education. The Ag General Manager, Akwasi Osei Nkrumah, underscored the need for the Bank to further ensure that its socio- economic responsibility within the Bank’s catchment areas is further enhanced.
According to him, the Bank this year has made available 7% of its annual profit before tax which used to be 5% to support education and other development project within its operational territories.
The Chairman of the Board of Directors, Mr Ahmed Kwame Boakye believes that these financial assistance would propel and encourage beneficiaries of the scheme to study extra hard to be able to develop their full potential so that they can contribute their quota to national and community development.
A beneficiary of the scholarship package who is currently offering a Masters Programme at the KNUST Mr Emmanuel Kofi Asamoah took the opportunity to advise the seven students who had been newly enrolled onto the scheme.
He advised them to uphold the fear of God which is the beginning of all wisdom and focuse on their academic carrier.
He further advised the beneficiaries to always sing praises and promote the Bank at every level of their academic achievement and advised their family members to save and do business with the Bank so that the Bank can make a lot more profit to sustain the scheme.
A beneficiary of the scholarship package on behalf of other beneficiaries thanked the Board and management of the Bank for the initiative to support the growth of education particularly wards of shareholders.
He finally assured the Board that he and his colleagues who have benefitted from the Bank’s scholarship scheme would spare no effort to excel in their academic laurels to give a good reason for the Bank’s support.
The Queen Mother of Adansi Traditional Area, Nana Amoanimaa Dede, expressed so much gratitude to the Bank for the initiative. She further appealed to the Board of Directors of the Bank to extend the scheme to cover the younger ones.
In another development, the Bank has cut a sod for the construction of a GH¢33,812.300 toilet facility to be built at Dompoase Demonstration Primary School at Dompoase also in the Adansi North District.
The Bank has also donated a hundred bags of cement to Asare Bediako Senior High School at Akrokerri in the Ashanti to support the construction of a boy's dormitory project.