Sonzele Rural Bank Limited was incorporated in 1980 and granted the licence to operate the Business of Banking by the Bank of Ghana on the 24/11/1983, in Jirapa in the then Jirapa/Lambussie District of the Upper West Region. The Bank has been established to offer financial intermediation to the people within its catchment area through effective fund mobilization, fund management and the provision of sound credit.
The Sonzele Rural Bank Limited, which has its headquarters at Jirapa, made a profit of GH¢545,583.00 for the year 2014, representing 51 per cent increase over its 2013 figure of GH¢360,424.00. It also increased its loans and advances significantly from GH¢1,222,648.00 to GH¢1,865,190.00, constituting a rise of 53 per cent.
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The ARB Apex Bank together with the over one hundred and forty rural and community banks across the country held its annual two-day managers conference in Ho, the capital of the Volta Region.
