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Business News of Saturday, 7 November 2009

Source: GNA

Sissala Rural Bank to open new branches

Funsi, UWR, Oct.7, GNA - The Sissala Rural Bank will next year open two new branches at Gwollu, capital town of Sissala West District and Funsi, capital town of Wa East District. This will help the people who are predominantly farmers to have access to banking services and to obtain credit to enable them to increase production and to boost economic activities. Mr. Duu Dimah, Board Chairman of the bank, announced these at a workshop to sensitise the people on the benefits of transacting business with banks and floating of shares to enable the bank undertake its expansion programme, at Funsi.

He expressed worry that there were no banks at the two district capitals to serve government workers. Reverend Father Rafael, Local Management of Catholic Mission Schools in the Funsi Parish, said the opening of the new branches would prevent teachers, civil servants and pensioners in the district, from travelling to Wa to collect their salaries, which had resulted in absenteeism and truancy. 7 Nov. 09