Brief History

 

Bosome Freho Rural Bank Ltd (BFRB) was established on 2009 at Nsueam II in the Bosome Freho District of the Ashanti Region of Ghana. Under the Companies Act, 1963 (Act 179) and the Banking Act,2004 (Act 673) as amended by the Banking (Amendment).
Act, 2007 (Act 738). Its Financial Statements are prepared in accordance with the International Financial Standards.
The bank was opened with the aim of mobilizing savings and also bank credit to the catchment area. With over 6 years of operation, the Bank currently have 6 Member Board of Directors and a solid Management team poised for efficiency and effectiveness in the quality bank services.