Beposo (Ashanti Region) 5th July '99

The Bosomtwe Rural Bank has started negotiations with the Saint Micheal's Hospital, at Pramso in the Bosomtwe-Atwima-Kwanwoma district of Ashanti, to assist cocoa farmers, who are shareholders of the bank to pay their bills.

Mr Johnny Achibra, General Manager of the Bank, who announced this at Beposo, in the Amansie East district at the weekend, said, "the bank would pay the bills and then spread the repayment in such a way that they would not feel the pinch".

Presenting 500,000 cedis, on behalf of the Bank, to the Beposo community towards the construction of a well, he said the bank has initiated a scholarship scheme for children of shareholders, who perform creditably at the Basic Education Certificate Examinations (BECE).

The Bank has already spent over 10 million cedis on the scholarship scheme, he said, and urged the shareholders to avail themselves of the opportunity.

Last year, the bank shared 33.6 million cedis as dividends to its shareholders.

Mr Achibra said the bank is very solvent and asked the people to buy more shares.