Prudential Bank Limited
 | |
| Private | |
| Industry | Financial Services |
| Founded | 1996 |
| Headquarters | 8 Nima Avenue, Ring Road Central, Accra, Ghana |
Key people |
John Sackah Addo, Chairman Stephen Sekyere-Abankwah, Managing Director |
| Products | Loans, Checking, Savings, Investments, Debit Cards |
| Revenue |
 (Pretax) US$4.6 million (2007) |
| Total assets | US$220 million (2007)[1] |
| Website | Homepage |
Prudential Bank Limited (PBL), commonly known as Prudential Bank, is a private bank in Ghana.
Overview
The bank was incorporated in 1993. It opened its doors on August 15, 1996 with the first branch in Accra. Prudential Bank is a medium-sized bank specializing in meeting the banking needs of small and medium-sized businesses as well as those of individuals.
Subsidiaries
The Bank has three subsidiary companies – PBL Properties Limited, Prudential Securities Limited and Prudential Stockbrokers Limited.
PBL Properties Limited is engaged in the acquisition and development of banking premises for the Bank and also the management of ancillary staff and facilities.
Prudential Securities Limited (PSL) is engaged in fund management, corporate finance and business advisory services.
Prudential Stockbrokers Limited is engaged in stockbrokerage, equity and economic research and advisory services.
Available at: https://www.prudentialbank.com.gh/maincat_select.cfm?prodcatID=1 (Accessed: 31 July 2014).
Ownership
The bank's stock is owned by the following corporate entities and individuals: [2]
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | Messrs J. S. Addo Consultants Limited | |
| 2 | Social Security and National Insurance Trust (SSNIT) | |
| 3 | National Trust Holding Company Limited (NTHC) | |
| 4 | Ghana Union Assurance Company Limited (GUA) | |
| 5 | Prudential Bank Staff Provident Fund | |
| 6 | Six (6) Ghanaian Individuals | |
| Total | 100.0% | |
Branch Network
As of April 2012, the bank had thirty (30) full service branches and two (2) agency branches in the following locations:[3]
- Abeka Branch - Accra
- Aboabo Branch - Kumasi
- Abossey Okai Branch - Accra
- Accra Branch - Accra
- Adenta Branch - Accra
- Afful Nkwanta Branch - Kumasi
- Atonsu Branch - Kumasi
- Cape Coast Branch - Cape Coast[4]
- Gicel Branch - Accra
- Kumasi Adum Branch - Kumasi
- Kumasi Main Branch - Kumasi
- Kwame Nkrumah Circle Branch - Accra
- Madina Branch - Accra
- Makola Branch - Accra
- Mataheko Branch - Accra
- Methodist University Agency Branch - Accra
- North Industrial Area Branch - Accra
- Odorkor Branch - Accra
- Ring Road Central Branch - Accra
- Spintex Road Branch - Accra
- Suame Maakro Branch - Kumasi
- Takoradi Harbour Branch - Takoradi
- Takoradi Market Circle Branch - Takoradi
- Tamale Branch - Tamale
- Tema Community 1 Branch - Tema
- Tema Fishing Harbour Branch - Tema
- Tesano Branch - Accra
- University of Cape Coast Branch - Cape Coast
- Valley View Agency Branch - Accra
- Weija Branch - Accra
- Zongo Junction Branch - Accra
See also
- List of banks in Ghana
- Economy of Ghana
References
External links
- Prudential Bank Limited Homepage
- PBL launches "Susu" Financial Program for SME's
- PBL opens new branch in Aboabo, Kumasi
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