A Brief History of Prudential Bank Limited
Prudential Bank Limited (PBL) was incorporated as a private limited liability company in 1993 under the Companies Code Act 179. The Bank opened its doors for business on 15th August, 1996 with its first Branch in Accra. As at the end of September, 2014, the Bank had 33 Branches and 2 Agencies located in the Accra/Tema metropolis, Kumasi, Techiman, Takoradi, Cape Coast and Tamale.
The Bank has three wholly owned subsidiary companies namely: PBL Properties Limited, Prudential Securities Limited and Prudential Stockbrokers Limited.
PBL Properties Limited was established to acquire and develop banking premises for the Bank and also manage the auxilliary staff of the Bank.
Prudential Securities Limited is engaged in Funds management, Corporate Finance and Business Advisory Services.
Prudential Stockbrokers Limited is engaged in Stockbrokages, Equity and Economic Research and Advisory Services.
The Bank’s Shareholders are:
- Messrs J.S. Addo Consultants Ltd
- PBL Staff Provident Fund
- Ghana Union Assurance Company Ltd. (GUA)
- The Social Security & National Insurance Trust (SSNIT)
- National Trust Holding Company Ltd. (NTHC)
- Seven individual Ghanaians
Vision:
To be a successful indigenous and the preferred Bank in Ghana offering the most remunerative banking services to the public.
Mission:
To provide domestic and international banking services with a strategic focus on project financing, trade financing, export development and SME financing. PBL is committed to playing a positive and innovative role in the financial intermediation process and, most importantly, to offer the best banking services to the business community.
Values:
We continue to build a corporate culture that respects and values the unique strengths, weaknesses and cultural differences of the entities that we deal with.
Quality, Creativity and Innovation are the hallmarks of Prudential Bank:
- Customers first –our customers’ interests are our utmost concern; we build strong relationships with our customers and provide quality services;
- Integrity – this is our trademark; we demonstrate fairness and honesty in all we do and observe confidentiality at all times;
- Innovation and creativity – we provide unique business solutions for our customers;
- Commitment to human capital development – the welfare of our employees is paramount; we are committed to training, developing careers based on merit and rewarding achievement;
- Social responsibility – we invest in our communities and build relations.