NOTICE OF 34TH VIRTUAL ANNUAL GENERAL MEETING

NOTICE OF 34TH VIRTUAL ANNUAL GENERAL MEETING

NOTICE OF 34TH VIRTUAL ANNUAL GENERAL MEETING

Notice is hereby given that the 34th  ANNUAL GENERAL MEETING (AGM) of shareholders of SUMA RURAL BANK LIMITED will be held virtually  on Saturday, 28th November, 2020 to transact business of  Annual General Meeting at 10:00 a.m. prompt.

The above decision was taken by the Board of Directors of the Bank due to the Covid-19 challenges and its attended protocol directives by health professionals and the government.

AGENDA

  1. To read the Notice convening the meeting.
  2. To confirm the minutes of the 33rd Annual General Meeting.
  3. To receive and consider the Chairman’s report.
  4. To receive and consider the Report of the Directors and Accounts for the year ended 31st December, 2019 and the Auditors’ report.
  5. To authorize the Directors to fix Auditors remuneration.
  6. To fix the remunerations of Directors.
  7. To elect Directors in place of those retiring by rotation.
  8. To transact any other business appropriate to be dealt with at an Annual General Meeting.

 

BY ORDER OF THE BOARD

SGD.

MOSES KOFI SOGA

(SECRETARY TO THE BOARD)

Dated: 9th October, 2020

NOTE:

  1. A form of proxy shall be deposited at the Bank’s website (www.sumaruralbank.com) and members can access them through online and submit completed proxy form through the bank’s e-mail address (agm@sumaruralbank.com) not less than Forty Eight (48) hours prior to  the meeting time.

2. ZOOM LINK TO JOIN THE MEETING:

Click on the Link to Join Zoom Meeting
https://zoom.us/j/5523920051?pwd=TytDQ040VDlZTER6Qkc2NHVMZEVJdz09
OR Enter this Meeting ID: 552 392 0051 and Passcode: @2020AGM

2 Days Internal Training On Credit Administration

Excerpts and Images from a 2 Day Internal Training On Credit Administration Organized for Management Members, Credit Officers, Branch Managers and their Deputies (O.I.C’s & 2.I.C’S) and HoDs at the Bank’s Head Office, Suma-Ahenkro.

The Bank also used the Occasion to launch its new local attire.

Date: Friday, 6th – Saturday, 7th March, 2020

Time: 9:00am – 3:30pm each day

Click here for more Pictures

 

 

 

Notice Of 33rd Annual General Meeting

NOTICE OF ANNUAL GENERAL MEETING

 

Notice is hereby given that the 33rd ANNUAL GENERAL MEETING (AGM) of shareholders of SUMA RURAL BANK LIMITED will be held at SUMA PRESBY CHURCH, Suma Ahenkro on Saturday, 16th November 2019 to transact business of Annual General Meeting at 10:00a.m. prompt.

 AGENDA

  1. To read the Notice convening the meeting.
  2. To confirm the minutes of the 32nd Annual General Meeting.
  3. To receive and consider the Chairman’s report.
  4. To receive and consider the Report of the Directors and Accounts for the year ended 31st December, 2018 and the Auditors’ report.
  5. To authorize the Directors to fix Auditors remuneration.
  6. To fix the remunerations of Directors.
  7. To elect Directors in place of those retiring by rotation.
  8. To transact any other business appropriate to be dealt with at an Annual General Meeting.

 

BY ORDER OF THE BOARD
SGD.
MOSES KOFI SOGA
(SECRETARY TO THE BOARD)
Dated: 15th October, 2019

NOTE:

Every member is entitled to attend and vote at the meeting or appoint a Proxy to attend and vote instead of him/her. A form of proxy has been deposited at the Bank’s registered office or downloaded from the Bank’s website. Completed Proxy Form should be lodged with the Registered Office of the Bank or through the Bank’s Official Email Address at info@sumaruralbank.com not less than Forty-Eight (48) hours prior to the time of the meeting.

One-day Training held on Deposit Mobilization

Summary Report on Deposit Mobilization – with Mikensy Consult limited.

Suma Rural Bank Limited at the weekend (10TH March,2018) organized one day Training on Deposit Mobilisation for its teaming staff across all departments aimed at growing its deposit base by at least 40% by the close of the current financial year.

The training which was facilitated by Mikensy Consult limited lasted for Six hours and the staff really appreciated the programme.

At the end of the programme, the General Manager, Mr. Martin Adjei- Amponsah thanked the consultant for coming and assured the CEO of the consultancy, Mr. Mike Osikoya that the Bank would apply the strategies advanced to it to turn the situation for better.

Among the topics treated were,

  • Why Sales/Deposit mobilization is necessary?
  • Deposit Mobilizations strategy
  • Product lines
  • Templates for monitoring Achievement
  • Approaches to grow the Bank’s Deposit among others

At the end of the programme, the staff made declaration that they had been reformed and made personal pledges that they would apply whatever they had been taught to increase the Bank’s Deposit base by the close of the year.

 

Summary Report Of The Business Deliberated At The 31st Annual General Meeting (AGM).

Suma Rural Bank had its 31st Annual General Meeting on 18th November, 2018 at Suma Presby Church. The meeting was attended by over 182 shareholders, representations from ARB-Apex Bank, Association of Rural Banks B/A chapter, Nananom from Suma and other Traditional Councils as well as other dignitaries from the Operational Area of the Bank. The staffs of the Bank who are shareholders were also present at the meeting.

The Bank declared a profit after tax of GHS 280, 802.00 and GHS 303, 121.00 as profit before tax. The Directors of the Bank recommended a payment of dividend of Ghs 56,835.00 being 0.03123 pesewas per share.

Mr.Kofi Agyemang a Vice president of ARB who represented Mr.Takyi Gyan the president of B/A charter thanked the Board and Management for the success chalked in the rural banking industry. He was impressed with the growth of key performance indicators of the Bank,He advised Shareholders to purchase more shares and also tasked the staff to adhere to high customer care practice in their dealings with customers.

Mr. George Kwaku Annor Apex Manager of Kumasi Branch represented the Managing Director of ARB Apex Bank Mr. Kojo Mattah highlighted on the following; Share Capital mobilization to meet the new Minimum requirement, proper credit management practice and adequate staff training. He further advised the staff not to involving themselves in any fraudulent activities.

Hon. Adane Ankomah the District Chief Executive of Jaman North thanked the Bank for the successes chalked and corporate social responsibility it carried out in its operational area, and encouraged the Board and Management to do more

The Omanhene of Suma Traditional Council was represented by a delegation of chiefs from Suma Traditional Council. The Council thanked Almighty God and Sumaman for the support accorded the Bank since its establishment. They appealed to all stakeholders of the Bank to perform their parts to sustain the bank for the next generation to also inherit it

Shareholders were happy about the successes that the Bank chalked and entreated Management and Staff to continue working hard for the Bank to improve on her performance.

The detailed financial of the Bank are covered in the Annual Report for 2016 financial year

Excerpts of the event in pictures

Suma Rural Bank Hold’s Staff & Directors Meeting

Report On Staff and Directors Meeting Held On 28th October, 2017 At The Head Office, Suma-Ahenkro

The Staff and Directors meeting is an annual event organized by the Bank for its entire staff and the Board of Directors to deliberate on the prospects of the bank, share ideas and also to scout for emerging opportunities in, around and outside the catchment areas of the bank.

The occasion was also used to launch the Bank’s Revised Policy Manual. A document to guide the staff in the operational activities of the Bank. The Board chairman upon launching the book urged all staff to embrace and apply it throughout their daily operations.

The programme captured all staff including mobile bankers from the various agencies of the Bank, management and the board of directors.

Some highlights of the meeting in pictures.

Notice Of 31st Annual General Meeting (AGM)

 

Notice is hereby given that the 31st ANNUAL GENERAL MEETING (AGM) of shareholders of SUMA RURAL BANK LIMITED will be held at SUMA PRESBY CHURCH, Suma Ahenkro on Saturday, 18th November 2017 to transact business of Annual General Meeting at 10:00am prompt.

AGENDA

  1. To read the Notice convening the meeting.
  2. To confirm the minutes of the 30th Annual General Meeting.
  3. To receive and consider the Chairman’s report.
  4. To receive and consider the Report of the Directors and Accounts for the year ended 31st December, 2016 and the Auditors’ reports.
  5. To authorize the Directors to fix Auditors remuneration.
  6. To fix the remunerations of Directors.
  7. To elect Directors in place of those retiring by rotation.
  8. To transact any other business appropriate to be dealt with at an Annual General Meeting.

 

BY ORDER OF THE BOARD

SGD.

MARTIN ADJEI-AMPONSAH

(SECRETARY TO THE BOARD)

 

Dated: 3rd October, 2017 

 

NOTE:

Every member is entitled to attend and vote at the meeting or appoint a Proxy to attend and vote instead of him/her.  A form of proxy has been deposited at the Bank’s registered office. Completed Proxy form should be lodged with the registered Office of the Bank not less than Forty Eight (48) hours prior to the time of the meeting.

Suma Rural Bank Ltd, holds Customer Care Training for Staff – April 23, 2017

 

CUSTOMER CARE TRAINING

Suma Rural Bank Limited a pacesetter in the rural Banks in Ghana has organized day training on customer for its staff. This fall in line with the   Bank’s effort to achieve its corporate mission statement dubbed to be Best Manage Rural Bank in Ghana and also to fulfill its mission of Excellence in Customer Care as its slogan dictates.

The training was conducted by Proven Trusted Solutions one of the most recognized and trusted professional trainers for Banks and other financial institutions in the area of Customer care service and other related financial package training.

The training which took place on Sunday 23rd April at the Bank’s Head office situated at Suma Ahenkro in the Brong Ahafo regions of Ghana was attended by Eighty Two staffs of the Bank including two Board members who came to grace the occasion. The Training lasted for about Five (5) hours of lecture, Presentation, Demonstrations and real time simulation under the reviewed heading

The main objectives of the training were;

  1. To introduce staff to new models and approaches to excellent customer service.
  2. To build the capacity of employee to deal with challenging and sophisticated customers and also.
  3. To introduce participants to customer service skill needed by Bank staff.

The training centered on mainly on;

  1. Customer service skills necessary
  2. Negative employee behaviors’ that affect customers service
  3. How to deal challenging and angry customers
  4. How to delight and retain a customers
  5. How to handle customers complaints effectively
  6. Importance of customer service
  7. Professional telephone etiquette that create positive moment of truth
  8. Different types of customers and how to handle them

The training was concluded with the staff leaving with new mind set on how to deal and treat customers in a professional way. It is therefore the hope of management that the staff haven received such training will deal and treat both the internal and external customers professionally in order to contribute to the progress of Suma Rural Bank limited.

Excerpts of the Training in Pictures.

Customer Care Training for Staff and Mobile Bankers

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