Prudential Bank opens new branch at University of Cape Coast

Prudential Bank as part of its expansion drive has opened a new branch at the University of Cape Coast in the Central Region with a call on the University Community to take advantage of the bank’s products and services.

Dr J. Okine-Afrane, Deputy Managing Director in charge of Finance, Administration and Credit Administration who made the call said the bank had tailored products targeted at the needs of customers.

The branch located within the old cafeteria building of the university, is meant to bring the services of the bank closer to the doorstep of customers.

He said the management of the bank decided to open the new branch due to the growing customers of the bank at the university community.

“The bank has come into the realisation that its present branch location is not spacious enough to accommodate its increasing customers.  There are situations that the branch becomes so full that long queues are experienced to the discomfort of our customers.  Such situation occurs where the university students have to queue for long hours to pay either fees or make withdrawals,” he said.

The Deputy Managing Director said the bank had acquired more spacious office within the old cafeteria of the university to continue to provide banking services to the university community.

“The new Cape Coast University Branch is opened to deepen the already established cordial business relationship between the bank and the University of Cape Coast and to serve the banking needs of the expanding university community,” Dr Okine-Afrane said.

He said the old location was not being closed totally and would serve as an agency to provide banking services to customers in the area.

“In view of the fact that the bank’s operations are fully networked, our customers can do any business from our agency,” Dr Okine-Afrane said, adding that plans were far advanced for the bank to put up its on ultra-modern office complex at the university.

The Deputy-Managing Director said within the seven years that the bank had been operating at the university; it had provided a lot of financial support to the university community.

He said the bank in collaboration with the Student’s Representative Council had financed a 310-room student’s hostel for the University to ameliorate the student’s accommodation problem on campus.

“The bank has again financed a hostel project for the Alumni Association of the university, Prudential Bank is currently financing a 450-room students hostel for superannuation of the university, the bank is also supporting the university to develop its sports complex,” he said.

The Deputy Managing Director encouraged the residents of Cape Coast to take advantage of the bank’s internet banking to access banking services across the country.

The Pro Vice-Chancellor of the University of Cape Coast, Professor George Kwaku Toku Oduro speaking on behalf of university management applauded the bank for the support to the university over the years.

He indicated that the university would continue to work with the bank to achieve a common good for the university and society at large.

He said the opening of the new branch would be of great benefit to the students and the university community as a whole.

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