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Business News of Tuesday, 3 November 2015

Source: B&FT

Dumpong Rural Bank named most profitable bank

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The Dumpong Rural Bank Limited at Asakraka Kwahu in the Kwahu South district of the Eastern Region has been named the most profitable company in Ghana at the 2013/2014 Ghana Club 100 awards.

Dumpong Rural Bank was among the top-ten new entrants and awarded for being the 2014 Club 100 leader in the rural banking sector; and it came 4th out of the 100 companies that were acknowledged by the Ghana Investment Promotion Centre, GIPC, with Tullow Oil emerging as the No-1 company. In all twenty-four rural banks made their way to this year’s event.

The annual event, which is organised by the Ghana Investment Promotion Centre (GIPC), is to exclusively celebrate and motivate Ghana’s leading 100 companies for their initiative, innovation and leadership. This year’s event was on the theme ‘Impact Investments and Sustainable Economic Development’.

Making its maiden appearance at the Club 100 and sweeping three awards simultaneously has been the greatest achievement in the bank’s operations; the board of directors and management have promised to leave no stone unturned to maintain or improve upon this enviable achievement.

The General Manager of the Bank, Mr. Jasper Awuku Ahadzi together with other board members who received the award on behalf of the bank, dedicated the awards to all stakeholders and potential investors. He used the occasion to invite potential investors to come and invest in the bank.

In a related development, Dumpong Rural Bank has been awarded with the International Star for Leadership in Quality award at Geneva in Switzerland.

The bank was recognised for this prestigious international award due to its commitment to Quality, Leadership, Technology and Innovation.

The 2015 International Quality Awards were put together by the BID Group recently, with presentations to companies and organisation drawn from several countries around the world -- for achievements in Quality and Excellence along with outstanding personalities from the business world and diplomatic corps.