About Unity Rural Bank
Unity Rural Bank: Empowering Rural Communities through Financial Inclusion
Unity Rural Bank is a leading financial institution in Ghana that provides banking services to rural communities. The bank was established in 2000 as a public limited liability company and has since been providing financial solutions to individuals, businesses, and organizations in rural areas.
As a “mini”-central bank for the Rural & Community Banks (RCBs), Unity Rural Bank is committed to promoting financial inclusion and economic development in rural communities. The bank's shareholders are the RCBs, which means that it operates as a cooperative system where all members have an equal say in decision-making processes.
The bank was granted a banking license by the Bank of Ghana in June 2001 and became the 19th member of the Bankers Clearing House two months later. Since then, Unity Rural Bank has expanded its operations with 11 branch offices located throughout Ghana. These branches are strategically located in Accra, Cocoa House, Kumasi, Sunyani, Bolgatanga, Cape Coast, Takoradi, Koforidua Hohoe and Tamale.
Unity Rural Bank offers various banking products and services tailored to meet the needs of its customers. These include savings accounts for individuals and groups such as farmers' associations or women's groups; loans for small businesses; agricultural financing; mobile banking services; foreign exchange transactions; money transfer services among others.
One of Unity Rural Bank's core values is customer satisfaction. The bank strives to provide excellent customer service by ensuring that its staff members are well-trained on how to handle customers' needs efficiently. Additionally,the bank uses modern technology such as online banking platforms which enable customers access their accounts from anywhere at any time.
Another key aspect of Unity Rural Bank's operations is social responsibility.The bank recognizes that it plays an important role not only as a financial institution but also as part of society at large.To this end,the bank engages actively with local communities through various initiatives aimed at improving their livelihoods.These include sponsoring educational programs,supporting health care facilities,and providing funding for community development projects among others.
In conclusion ,Unity Rural Bank has made significant strides towards promoting financial inclusion and economic development within rural communities.Its commitment towards customer satisfaction coupled with innovative products/services makes it stand out from other banks operating within similar markets.UnityRuralBank continues to be an important player within Ghana’s finance sector while contributing positively towards sustainable growth across different sectors .