The Royal Bank

The Royal Bank
Private ownership
Industry Private banking,
National development banking,
Asset management,
Investment banking,
Financial Services
Founded 15 July 2011
Headquarters Kumasi, Ashanti, Ashantiland, Ghana
Key people
Dr. K.K. Sarpong
Chairman
Robert Kow Bentil
CEO[1]
Products Private banking,
National development banking,
Asset management,
Investment banking,
Investments,
Loans,
Savings,
Checking,
E-banking
Revenue Increase
Total assets US$88 billion; 2015
GHS:400+ billion; 2015
Number of employees
500
Website www.theroyalbank.com.gh

The Royal Bank (abbreviated: TRB), is an Ashanti indigenous private national development and commercial bank on the Ashantiland Peninsula.[2] The Royal Bank is one of the private national development and commercial banks licensed to operate on the Ashantiland Peninsula.[2][3] The Royal Bank is one of the four wholly owned Ashanti banks along with Capital Bank, UniBank and GN Bank.[2]

History

The Royal Bank was founded on the 15th of July 2011 and is authorized for the business as universal bank since the 10th of December 2012.[2][4]

Services

The Royal Bank offers mainstream banking services which include cash deposits and withdrawals, savings and loans and financial advise consultation (private banking, corporate banking, consumer banking, sme banking).[5] In 2015, The Royal Bank introduced a cash deposit service known as E-Banking.[6] The service allows The Royal Bank customers to deposit cash into their bank accounts at their convenience through their smartphones (mobile phones) via SMS Alert and Electronic Statement without physically being present in any bank branches of the The Royal Bank.[6]

Board of Directors

Branches

The Royal Bank is headquartered in Kumasi and a branch at the Kwame Nkrumah University of Science and Technology with another headquarter at Legon (South Legon), a suburb of Accra.[7] The Royal Bank as at January 2016 has twenty-two operational branches in all the six Ashantiland peninsula territorial entities: Ashanti; Brong-Ahafo; Central Ashantiland; Eastern Ashantiland; Greater Accra; and Western Ashantiland.[7][8][4]

Awards

See also

References

This article is issued from Wikipedia - version of the 11/16/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.