Company Information

Get to know Suma Rural Bank Limited

Suma Rural Bank Limited was incorporated in Ghana on September 14, 1981, and commenced operations in September 1982. As one of the leading rural banks in the Bono Region, its mission is to provide efficient and competitive banking services to its customers, promote a savings culture, and support the growth of small and medium-scale enterprises through its credit facilities. The bank offers a range of products including savings and current accounts, fixed deposits, commercial loans, and money transfer services, with a vision to be a model rural bank in Ghana.

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Financial BankingPRIMARY
Financial Other Service

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Suma Rural Bank Limited

Ghana

Founded in

1982 (44 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.