Wednesday, June 29, 2011

Book Review

Ghana-Microfinance.com is proud to present to you a review on the first ever text and reference book on rural banking practice in Ghana.

The book, titled: Rural Banking in Ghana, is authored by a former Deputy Governor of the Bank of Ghana, Mr. Asiedu Mante and seeks to provide guidance to bankers (both under training and practicing) and also serve as a reference on rural banking in Ghana.

In all the book consist of 15 chapters.

Chapters one to three of the book discusses the reasons for the establishment of rural banks, the architects, the role of the Central Bank, the management structure of rural banks and the evolution of rural banks.

Chapters four to 10 detailed the financial intermediation roles, credit management practices and challenges, security and operational issues, internal controls, prudent supervision and causes of distress in rural banks.

Mr Asiedu-Mante devotes the 11th chapter of the book to insurance in rural banking, though some of the details found in other chapters could be very useful to academics, practitioners and students of banking, finance and insurance. It simply shows the way the concepts have been defined and analysed.

Chapter 12 focuses on international assistance to the rural banks, chapter 13 touched on issues relating to the ARB/Apex Bank and the rationale for it establishment, functions and the expected roles to complement earlier analysis on the rationale, justification and relevance of the Association of Rural Banks and the desired complementary roles the two institutions should play in the effective development and functioning of rural banks in Ghana.

Chapter 14 opens up the canker on the avid subject of agriculture financing, which is perceived as risky, yet the very nerve of the country’s economic emancipation.

The last chapter proffers ideas on the future of rural banking.

Where To Buy

Contact us on 0289554043

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