Prudential Bank Limited

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Prudential Bank
Type 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 Increase(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[edit]

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[edit]

The bank has two wholly owned subsidiary companies namely:- [2]

  • PBL Properties Limited - Engaged in Real Estate, Automobile Leasing and Financing
  • Prudential Securities Limited (PSL) - An Investment and Stock Brokerage Firm.

Ownership[edit]

The bank's stock is owned by the following corporate entities and individuals: [3]

Prudential Bank Stock Ownership
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[edit]

As of April 2012, the bank had thirty (30) full service branches and two (2) agency branches in the following locations:[4]

  1. Abeka Branch - Accra
  2. Aboabo Branch - Kumasi
  3. Abossey Okai Branch - Accra
  4. Accra Branch - Accra
  5. Adenta Branch - Accra
  6. Afful Nkwanta Branch - Kumasi
  7. Atonsu Branch - Kumasi
  8. Cape Coast Branch - Cape Coast[5]
  9. Gicel Branch - Accra
  10. Kumasi Adum Branch - Kumasi
  11. Kumasi Main Branch - Kumasi
  12. Kwame Nkrumah Circle Branch - Accra
  13. Madina Branch - Accra
  14. Makola Branch - Accra
  15. Mataheko Branch - Accra
  16. Methodist University Agency Branch - Accra
  17. North Industrial Area Branch - Accra
  18. Odorkor Branch - Accra
  19. Ring Road Central Branch - Accra
  20. Spintex Road Branch - Accra
  21. Suame Maakro Branch - Kumasi
  22. Takoradi Harbour Branch - Takoradi
  23. Takoradi Market Circle Branch - Takoradi
  24. Tamale Branch - Tamale
  25. Tema Community 1 Branch - Tema
  26. Tema Fishing Harbour Branch - Tema
  27. Tesano Branch - Accra
  28. University of Cape Coast Branch - Cape Coast
  29. Valley View Agency Branch - Accra
  30. Weija Branch - Accra
  31. Zongo Junction Branch - Accra

External links[edit]

See also[edit]

References[edit]