Apex

The ARB Apex Bank Limited was incorporated as a public limited liability company on 4th January, 2000. Its shareholders are the Rural and Community banks. It was granted a banking licence on 23rd April, 2001 and was admitted to the Bankers Clearing House as the 19th member in August, 2001. It had its certificate to commence business on 1st November, 2001, thus, completing all the legal processes for the commencement of operations. The ARB Apex Bank Limited began clearing services on 2nd July, 2002 in all the 11 clearing centres in Ghana. The bank has outlets in all the 10 regional capitals and Hohoe.

The ARB Apex Bank Ltd was registered under the Companies Code 1963, Act 179 as a public limited liability company and licensed by the Bank of Ghana under the then Banking Law, 1989 (PNDCL 225) as repealed by the Banking Act 2004, (Act 673) . Apart from the above legal and regulatory framework in which the Bank is operating, it is also subject to the Bank of Ghana Act, 2002 (Act 612) and other directives issued by the Bank of Ghana from time to time. The Bank is also regulated by other legislations relating to the administration of financial matters which are in force for the time being, that is, Financial Administration Act, 2003 (Act 654), Public Procurement Act, 2003 (Act 663); among others. Furthermore, the ARB Apex Bank Ltd is regulated by its Regulations; ARB Apex Bank Regulation (L.I.1825).