EAST MAMPRUSI COMMUNITY BANK HOLDS 4TH AGM
Shareholders of the East Mamprusi Community Bank listening keenly to how their monies have been used EAST MAMPRUSI COMMUNITY BANK HOLDS 4TH AGM NOVEMBER 29, 2008 BY: PETER ATOGEWE WEDAM ISD, EAST MAMPRUSI DISTRICT COPIED TO G N A [Gambaga[N/R], November 29, GNA] - The East Mamprusi Community Bank, EASMACOM with its headquarters at Gambaga in the East Mamprusi district, recorded GH ¢1,216,105 in total deposits by December 31, 2007 as against GH ¢949,926 in 2006 indicating a 28 per cent increment. The bank’s total assets also appreciated from GH ¢1,624,580 in 2006 to an impressive GH ¢2,254,400 in 2007 showing an increase of 39 per cent. The Board Chairman of the EASMACOM bank, Mr. Dan Kolbila disclosed these at the bank’s fourth annual general meeting[AGM] held at Gambaga themed “Micro finance: tool for growth and poverty reduction”. Mr. Kolbila further disclosed that the bank made a net profit after tax to the tune of GH ¢53,868.00 higher than its profit of GH ¢41,386 in 2006. Sharehol...