Rural banks to computerise operations in three years

Awutu-Beraku (C/R), May 28, GNA - All Rural Banks are to computerize their operations within the next three years under the Millennium Challenge Account (MCA) programme.

Mr. Emmanuel K. Kwapong, Managing Director of the ARB APEX BANK, announced this at the 18th annual general meeting of the Awutu Emasa Rural Bank at Awutu Beraku at the weekend. He further stated that they would also be connected to the APEX BANK and the Bank of Ghana through the installation of a Wide Area Network (WAN) under the programme.

He said the project had been started in some of the banks that had welcomed the network since it would make their work easier when completed.

Mr. Kwapong noted that the benefits of the banks from the MCA were enormous and said they included an improvement to their operational efficiency and ensure the full integration of Rural Banks into the national payment system.