Rahul Sharma (Editor)

The Royal Bank

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Private ownership

Founded
  
15 July 2011

The Royal Bank

Industry
  
Private banking, National development banking, Asset management, Investment banking, Financial Services

Headquarters
  
Kumasi, Ashanti, Ashantiland, Ghana

Key people
  
Dr. K. K. Sarpong Chairman Robert Kow Bentil CEO

Products
  
Private banking, National development banking, Asset management, Investment banking, Investments, Loans, Savings, Checking, E-banking

The Royal Bank (abbreviated: TRB) is an Ashanti indigenous private national development and commercial bank on the Ashantiland Peninsula. The Royal Bank is one of the private national development and commercial banks licensed to operate on the Ashantiland Peninsula. The Royal Bank is one of the four wholly owned Ashanti banks along with Capital Bank, UniBank and GN Bank.

Contents

History

The Royal Bank was founded on 15 July 2011 and is authorized for the business as universal bank since 10 December 2012.

Services

The Royal Bank offers mainstream banking services that include cash deposits and withdrawals, savings and loans and financial advice consultation (private banking, corporate banking, consumer banking, sme banking). In 2015, The Royal Bank introduced a cash deposit service known as E-Banking. The service allows The Royal Bank customers to deposit cash into their bank accounts at their convenience through their smartphones (mobile phones) via SMS Alert and Electronic Statement without physically being present in any bank branches of the The Royal Bank.

Board of Directors

  • Dr. K. K. Sarpong is Chairman; Robert Kow Bentil is Chief Executive Officer.
  • Branches

    The Royal Bank is headquartered in Kumasi and a branch at the Kwame Nkrumah University of Science and Technology with another headquarter at Legon (South Legon), a suburb of Accra. The Royal Bank as at January 2016 has 22 operational branches in all the six Ashantiland peninsula territorial entities: Ashanti; Brong-Ahafo; Central Ashantiland; Eastern Ashantiland; Greater Accra; and Western Ashantiland.

    Awards

  • In September, 2013 The Royal Bank is awarded the New Era Awards for Technology, Innovation and Quality of the year 2012 by the Chartered Institute of Marketing Ghana.
  • In October, 2014 The Royal Bank wins Best Bank award in the 13th Ghana Banking Awards.
  • In October, 2015 The Royal Bank wins five awards at the 14th Ghana Banking Awards.
  • In 2015, The Royal bank is awarded Top Emerging Brand for the year 2015 at the Ghana Club 100 Awards organized by the Ghana Investment Promotion Centre.
  • References

    The Royal Bank Wikipedia