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Juaben Rural Bank PLC has announced an impressive profit of GHC 5.8 million as of October 2024 during its 38th Annual General Meeting (AGM), held in the heart of Juaben. The AGM, which attracted shareholders, directors, and other key stakeholders, served as a platform to review the bank’s performance, discuss its strategic direction, and outline its plans for the future.
In a report presented to shareholders, the Board of Directors revealed that the bank had achieved a profit of over GHC 5.2 million in 2023, signaling a solid and consistent performance year-on-year. This steady growth highlights the bank’s robust financial management and commitment to providing valuable services to its customers and shareholders.
During the AGM, the Board Chairman of Juaben Rural Bank PLC, Nana Dr. Appiagyei Dankawoso I, addressed attendees, emphasizing the bank’s strategic efforts that have contributed to its success. Speaking to Sompa TV FM’s Odiasempa Kofi Boadi after the meeting, Nana Dr. Appiagyei Dankawoso I expressed his satisfaction with the bank’s impressive financial performance and outlined the way forward.
Voice: Nana Dr. Appiagyei Dankawoso I
“Despite the challenges faced by the banking sector, we have been able to maintain a steady and positive growth trajectory. Our focus on sound management, customer service, and community involvement has been key to our success. We look forward to sustaining this positive trend and further expanding our reach,” he said.
The CEO of Juaben Rural Bank PLC, Mr. Augustine Awere Damoah, also shared his thoughts during the AGM, reassuring shareholders and stakeholders that the bank is committed to progress. Mr. Damoah assured the audience that, with the bank’s solid financial foundation, Juaben Rural Bank will continue to grow and evolve. He emphasized that the bank would not rest on its laurels but would continue to innovate and expand its services to better serve its customers.
“Juaben Rural Bank is determined to maintain its upward momentum. We will continue to grow and evolve in line with the demands of our customers and the changing dynamics of the banking sector. We are committed to ensuring that the bank progresses and does not retrogress,” Mr. Damoah stated confidently.
The Founder of Juaben Rural Bank PLC and Omanhene of Juaben, Nana Otuo Serebour, also spoke at the AGM, expressing his immense pride in the bank’s achievements over the years. Nana Otuo Serebour highlighted the important role the bank plays in the local economy and community, noting that its success is attributed to the dedication of the bank’s leadership, staff, and the unwavering support of shareholders and customers.
Nana Otuo Serebour also reaffirmed the bank’s commitment to continued progress, assuring all stakeholders that Juaben Rural Bank will remain focused on its mission to serve its customers with integrity and excellence. He thanked the bank’s loyal customers for their trust and confidence, acknowledging that the bank’s remarkable success would not have been possible without their continued support.
The AGM concluded on a positive note, with a renewed sense of optimism for the future. Juaben Rural Bank PLC has demonstrated consistent growth, and with its strong financial results and forward-thinking strategies, it is well-positioned for even greater success in the years to come.
As the bank looks ahead to 2025, its leadership remains committed to the values of progress, innovation, and community service. Juaben Rural Bank PLC is poised to continue making a meaningful impact in the banking sector and the lives of its customers, stakeholders, and the wider community.
By Simon Opoku Afriyie
