Type Private Headquarters Accra, Ghana | Industry Financial services Founded 1996 | |
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Key people Robert Russel Otchere (Primary Owner)
chairman
Stephen Sekyere-Abankwah
managing director Products Loans, checking, savings, investments, debit cards Revenue (Aftertax) GHS:9.62 million (2012) Total assets GHS:676.61 million (2012) Motto "Your Trusted and Dependable Partner" | ||
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.
Contents
Location
The headquarters of the bank are located at 8 Nima Avenue, Ring Road Central, Kanda, Accra, Ghana's capital and largest city. The coordinates of the bank headquarters are 5°34'24.0"N, 0°11'31.0"W (Latitude:5.573335; Longitude:-0.191949).
Overview
The bank was incorporated in 1993. It opened its doors on 15 August 1996 with the first branch in Accra.
PBL is a medium-sized bank specializing in meeting the banking needs of small and medium-sized businesses and individuals.
As of 31 December 2012, the bank's total assets were GHS:676.61 million, with shareholders' equity of GHS:85.1 million.
Subsidiaries
As of April 2016, PBL maintained three wholly owned subsidiaries:
- PBL Properties Limited - Accra, Ghana. Acquires, develops, and manages properties and auxiliary staff for the bank.
- Prudential Securities Limited - Accra, Ghana. Wealth management, corporate finance, and business advisory services.
- Prudential Stockbrokers Limited - Accra, Ghana. Stockbrokage, economic research, and advisory services.
Ownership
The bank's stock was owned by the following corporate entities and individuals as of 31 December 2012:
Branch network
As of December 2015, PBL had 34 branches and 2 agencies at the following locations:
- 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
- East Legon Branch - East Legon, Accra
- 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