Save 30 percent of your earnings, Ghanaians urged

Mr Vincent Blaychie, the Board Chairman of Ahantaman Rural Bank, has called on Ghanaians to save at least 30 percent of their earnings to secure their future.

He said savings is more useful than any expenditure we make on a daily basis and urged the citizenry to invest their financial resources in trustworthy financial institutions.

He said any savings made must be geared towards a specific purpose such as children’s education, housing project, retirement and future welfare.

Mr Blaychie said this at the inauguration of a new branch office at Abura in the Ahanta West District.

He said the Bank offers flexible loans to small and medium scale enterprises, agribusinesses, transportation, among others saying it would not take more than 48 hours to process loans of prospective applicants.

Mr Benjamin Afful-Eshun, the Chief Executive Officer of the Bank, said the Bank had offered sound banking services to its clients over the past 31 years since its establishment.

He said it had supported many businesses to grow, offered scholarships to brilliant but needy students as well as provided basic social amenities to communities within its operational areas.

Nana Kweku Mensah IV, the Chief of Abura, appealed to the Bank to support the community’s market and lorry terminal to enhance socio-economic activities in the area.

The Bank has opened 15 branches so far including those at Kojokrom, Anaji, Agona-Nkwanta, Kwesimintsim and Axim.