Friday, April 25, 2008


Story: Kwame Asare Boadu, Adansi Atobiase

THE Chief of Adansi Atobiase in the Ashanti Region, Nana Taaka Ababio, has appealed to customers of the distressed Atobiase Rural Bank to exercise restraint while authorities consider measures to resuscitate the bank.
He said founding members and the board of directors of the bank were fully aware of the concerns of the customers over their locked deposits due to the recent challenges confronting the bank, and gave the assurance that the bank would soon bounce back to normal operations.
Nana Ababio, who is a founding member of the bank, denied allegations that the bank had run out of capital and would soon collapse.
He said when he received information about the state of the bank at his base in the United States, he contacted some financial institutions with the view to finding a strategic investor to help recapitalise the bank.
“As the chief of Atobiase, I will do everything possible to ensure the survival of the bank to save the image of my town and people,” he stressed.
Nana Ababio further promised to embark on an investment drive to woo some international investors to invest in his traditional area in order to create jobs for the people.
He stated that he was considering setting up an information technology centre to train the youth in Information and Communication Technology (ICT) to enhance development.
The chief, therefore, called on the sons and daughters of Atobiase living at home and abroad to contribute their quota towards the rapid development of the town.

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