The Avenor Rural Bank Ltd was incorporated on 11th May, 1981 and issued with banking licence on 15th May 1985 under the banking act 2004, (ACT 673). Strategically sited, we bring banking services to the door-steps of the people in the catchment area. The main aim of the bank is to contribute to efforts at raising their standard of living. This aim, the bank continues to focus on by always facilitating the creation of opportunities for the growth of small business enterprises through our various innovative products and services. The bank is headquartered in Akatsi on the Accra-Aflao road in the Volta Region in Ghana and has seven (7) branches.
Avenor Rural Bank's investment up
Akatsi, Sept. 5, GNA – The total investment of the Avenor Rural Bank has increased from 32.10 per cent from GH¢3,986,226.00 in 2015 to GH¢5,265,712.00 in 2016, greatly improving the bank’s liquidity and reserve requirements. The Bank’s total assets also increased from GH¢11,311,838.00 in 2015 to GH¢12,051,490.00 in 2016, an increment of 6.54 per cent, propelled mainly from growth in deposits.