Prudential Bank Limited

Last updated
Prudential Bank Limited
TypePrivate
Industry Financial services
Founded1996;27 years ago (1996)
Headquarters8 John Hammond Street (formerly 8 Nima Avenue), Ring Road Central, Accra, Ghana
Key people
Mrs. Muriel Susan Edusei
Chairman
Bernard Appiah Gyebi
Managing director
ProductsLoans, checking, savings, investments, debit cards
RevenueIncrease2.svg(Aftertax) GHS:9.62 million (2012)
Total assets GHS:676.61 million (2012)
Website Homepage

Prudential Bank Limited (PBL), commonly known as Prudential Bank, is a private commercial bank in Ghana. It is licensed by the Bank of Ghana, the central bank and national banking regulator. [1]

Contents

Location

The headquarters of the bank is located at 8 John Hammond Street, Ring Road Central, Kanda, Accra, Ghana's capital and largest city. The coordinates of the bank's headquarters are 5°34'24.0"N, 0°11'31.0"W (Latitude:5.573335; Longitude:-0.191949). [2]

Overview

The bank was incorporated in 1993, and opened on 15 August 1996 with the first branch in Accra. [3]

PBL is a medium-sized bank specializing in meeting the banking needs of small and medium-sized businesses and individuals.[ citation needed ]

As of 31 December 2012, the bank's total assets were GHS:676.61 million, with shareholders' equity of GHS:85.1 million. [4]

Subsidiaries

As of July 2023, PBL maintained one wholly-owned subsidiary: [3]

Prudential Securities Limited is engaged in funds management, pension fund management, corporate finance, business advisory services as well as equity and economic research.


Ownership

The Bank's stock was owned by the following corporate entities and individuals as of 30th June 2023: [3] [4]

Prudential Bank Limited Stock Ownership
RankName of OwnerPercentage Ownership
1Ghana Amalgamated Trust47.00
2Frank Owusu17.10
3J. S. Addo Consultants Limited8.63
4Trustees of PBL Staff Provident Fund6.47
5Akwasi Aboagye Atuah4.33
6Ghana Union Assurance Company Limited4.25
7Stephen Sekyere-Abankwa3.66
8Nortey K. Omaboe3.63
9Kofi O. Esson2.09
10NTHC Brokerage Services Limited1.65
11John K. Addo0.82
12Nana Agyei Duku0.38
Total100.0%

Branch network

As of July 2023, PBL had 39 branches and 2 agencies at the following locations: [5]

  1. Abeka Branch - Accra [6]
  2. Aboabo Branch - Kumasi
  3. Abossey Okai Branch - Accra
  4. Accra Branch - Accra
  5. Adentan Branch - Accra
  6. Afful Nkwanta Branch - Kumasi
  7. Airport City Branch - Accra
  8. Atonsu Branch - Kumasi
  9. Cantonments Branch - Accra
  10. Cape Coast Branch - Cape Coast [7]
  11. East Legon Branch - East Legon, Accra [8]
  12. Gicel Branch - Accra
  13. Haatso Branch - Accra
  14. Koforidua Branch - Koforidua
  15. Kumasi Adum Branch - Kumasi
  16. Kumasi Main Branch - Kumasi
  17. Madina Branch - Accra
  18. Makola Branch - Accra
  19. Mataheko Branch - Accra
  20. Methodist University Agency Branch - Accra
  21. Nungua Branch - Accra
  22. Odorkor Branch - Accra
  23. Okaishie Branch - Accra
  24. Ring Road Central Branch - Accra
  25. Santasi Roundabout Branch - Kumasi
  26. Spintex Road Branch - Accra
  27. Suame Maakro Branch - Kumasi
  28. Sunyani Branch - Sunyani
  29. Taifa Branch - Accra
  30. Takoradi Harbour Branch - Takoradi
  31. Takoradi Market Circle Branch - Takoradi
  32. Tamale Branch - Tamale
  33. Techiman Branch - Techiman
  34. Tema Community 1 Branch - Tema
  35. Tema Fishing Harbour Branch - Tema
  36. Tesano Branch - Accra
  37. University of Cape Coast Branch - Cape Coast
  38. University of Cape Coast Agency Branch - Cape Coast
  39. University of Ghana Branch - Accra
  40. Valley View Agency Branch - Accra
  41. Weija Branch - Accra


See also

Related Research Articles

<span class="mw-page-title-main">Transport in Ghana</span> System of transport in Ghana

Transport in Ghana is accomplished by road, rail, air and water. Ghana's transportation and communications networks are centered in the southern regions, especially the areas in which gold, cocoa, and timber are produced. The northern and central areas are connected through a major road system.

<span class="mw-page-title-main">Regions of Ghana</span> 16 principal administrative areas of the republic in West Africa

The Regions of Ghana constitute the first level of subnational government administration within the Republic of Ghana. As of 2020, there are currently sixteen regions, which are further divided for administrative purposes into 260 local metropolitan, municipal and district assemblies.

<span class="mw-page-title-main">University of Ghana</span> Ghanaian public university

The University of Ghana is a public university located in Accra, Ghana. It the oldest and largest of the thirteen Ghanaian national public universities.

<span class="mw-page-title-main">Sunyani</span> City in Bono, Ghana

Sunyani is a city and the capital town of the Bono Region and the Sunyani Municipal of Ghana. Sunyani had a population of 74,240 at the 2010 population and housing census. The city consists mainly of the Bonos by tribe.

<span class="mw-page-title-main">Catholic Church in Ghana</span>

The Catholic Church in Ghana is part of the worldwide Catholic Church, under the spiritual leadership of the pope in Rome.

Articles related to Ghana include:

Societe Generale Ghana Limited (SG) is a bank that is based in Ghana, previously known as Société Générale - Social Security Bank (SG-SSB). The bank is part of the Société Générale banking group. The bank is based in Accra and its stock is listed on the Ghana Stock Exchange. It is a component of the GSE All-Share Index. According to its website it is the 7th largest bank in Ghana and has 45 networked branches in Ghana.

Republic Bank Ghana Limited is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the central bank and national banking regulator.

<span class="mw-page-title-main">Metro Mass Transit Company Limited</span> Public transportation company in Ghana

The Metro Mass Transit Limited is a public transportation company in Ghana. The company was set up to provide reliable and affordable means of transport for commuters within villages, towns, and cities as well as provide intercity movement.

<span class="mw-page-title-main">Railway stations in Ghana</span>

The railway stations in Ghana serve a rail network concentrated in the south of the country.

Amalgamated Holdings and Securities Limited, commonly known as AmalSec & Securities Subsidiaries, is a commercial financial and securities outfit in Ghana.

<span class="mw-page-title-main">Starbow</span>

Aero Surveys Limited, which traded as Starbow, was a privately owned airline in Ghana that operated from 2012 till 2017.

Bank of Africa Ghana Limited, also referred to as BOA Ghana, is a commercial bank in Ghana. It is one of the commercial banks licensed by Bank of Ghana, the central bank of Ghana, and the national banking regulator. the bank has 33 branches in 2015.

Ghanaian Indians are Ghanaians citizens of Indian origin or descent. Many Ghanaian Indians are descendants from those who migrated from India following India's partition in 1947.

Ghanaian Arabs are Ghanaians and citizens of Arab origin or descent. Ghanaian Arabs are mainly from Lebanon, Syria and Arab Maghreb. Ghana has the largest Arab population in western Africa.

Angel broadcasting network LTD is a media group based in Accra, Ghana. Established in 2007, it has 16 radio stations, two news websites, and three satellite television network.

References

  1. ↑ BOG (14 April 2016). "Licensed Banks, Representative Offices & Their Registered Offices In Ghana – December 2015" (PDF). Accra: Bank of Ghana (BOG). Retrieved 14 April 2016.
  2. ↑ Google (14 April 2016). "Location of the Headquarters of Prudential Bank Limited" (Map). Google Maps . Google. Retrieved 14 April 2016.
  3. 1 2 3 PBL (14 April 2016). "Prudential Bank Limited: About Us". Accra: Prudential Bank Limited (PBL). Retrieved 14 April 2016.
  4. 1 2 PBL (31 December 2012). "Prudential Bank Limited: Annual Report, 2012" (PDF). Accra: Prudential Bank Limited (PBL). Retrieved 14 April 2016.
  5. ↑ PBL (14 April 2016). "Prudential Bank Limited: Branch Network". Accra: Prudential Bank Limited (PBL). Retrieved 14 April 2016.
  6. ↑ Ghana News Agency (3 September 2009). "Prudential Bank opens branch at Abeka". Accra: Modern Ghana Quoting Ghana News Agency . Retrieved 14 April 2016.
  7. ↑ ADM (8 August 2009). "Ghana: Prudential Bank Opens One in Cape Coast". Accra: Accra Daily Mail (ADM) via AllAfrica.com . Retrieved 14 April 2016.
  8. ↑ GDG (27 November 2013). "Prudential Bank inaugurates East Legon branch". Accra: Ghana Daily Graphic (GDG). Retrieved 14 April 2016.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.