The ARB Apex Bank Limited is a “mini”-central bank for the Rural & Community Banks (RCBs).   The Bank was registered as a public limited liability company in January 2000.  The shareholders are the RCBs.  It was granted a banking license in June 2001 and was admitted to the Bankers Clearing House as the 19th member in August 2001.

It had its certificate to commence business on 1st November 2001 and commenced banking business on 2nd July 2002.  The activities and operations of the Bank are governed by the ARB Apex Bank Limited Regulations, 2006 (L. I. 1825) which came into effect on 12th December 2006.

The Bank has 9 branch offices throughout the country, which are as follows: Accra, Kumasi, Sunyani, Bolgatanga, Takoradi, Koforidua, Hohoe, Tamale

Functions of the ARB Apex Bank

The following are the "central banking" functions of the ARB Apex Bank of Ghana;

  1. Keep accounts and maintain primary cash reserves.
  2. Monitor, inspect, supervise and ensure compliance.
  3. Lend funds.
  4. Handle cheque clearing activities.
  5. Provide specie services.
  6. Supply cash and receive excess cash.
  7. Render funds management services.
  8. Guarantee payment instruments.
  9. Provide audit and inspection services.
  10. Develop credit assessment procedures and monitor loans and advances.
  11. Provide ICT services.
  12. Provide training for staff and directors.
  13. Provide a deposit insurance scheme to protect deposits of customers.

5 Gamel Abdul Nasser Ave, Accra


Apex Bank

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