Ministry of Finance and Economic Planning in Ghana has recognized the need to support the rural economy in Ghana as a means of improving Inclusive Finance and Economic Growth in the country. You have been selected as a main consultant to assist the government. The ministry expect you to perform the following function.

Question 1

You are to evaluate the existing role of APEX Bank to the Rural and Community Banks in Ghana.

Question 2

Examine the effect of COVID-19 on the activities of Rural and Community Banks including microfinance institution in Ghana.

Question 3

Discuss challenges confronting Microfinancing Institutions in Ghana and provide strategic approach to solve them.

Micro Finance and Rural Banking

The ARB Apex Bank Limited is a mini-central bank for the Rural & Community Banks (RCBs). The Bank was registered as a public limited liability company in January, 2000. The shareholders are the RCBs. Ghanaian Economy