The Amansie Community Bank, headquartered in Antoakrom, Ashanti Region, has reintroduced its scholarship programme, awarding a total of GH¢44,932 to ten deserving students.
The initiative covers 100% tuition fees for regular programmes and 70% for specialised programmes like Medicine, Law, Pharmacy, among others, with the bank assuring parents of beneficiaries that it will provide top-ups should fees increase.
According to the CEO, Frederick Kwakye Kyei, the scholarship scheme, which had previously been suspended following the introduction of the government’s Free Senior High School policy, has now been revived as the bank reports strong financial performance. The reintroduction underscores the institution’s commitment to supporting education and empowering the local community.
The selection process, he emphasised was conducted on merit, ensuring fairness and transparency and further urged beneficiaries to recognise the privilege of being chosen and to make the most of the opportunity.
The Scholarship Committee, chaired by Professor Samuel Kwaku Agyei, a director of the Bank emphasised the importance of academic dedication and cautioned students against social vices that could derail their progress. His remarks highlighted the committee’s expectation that recipients uphold discipline and responsibility in their studies.
The Chairman of the Board of Directors, Ben Kwakye Adeefe Esq. described the scholarship as a golden opportunity that should not be taken for granted. He stressed that the bank’s pride in the achievements of its beneficiaries depends on their commitment to becoming responsible adults. Parents were also reminded of their role in monitoring their wards’ academic performance, with a clear warning that scholarships could be withdrawn and reassigned to more serious students if expectations are not met.
The ceremony also featured expressions of gratitude from parents of beneficiaries. Speaking on behalf of them, Adubofour Amankwah conveyed appreciation to the bank and the scholarship committee, assuring them that parents would ensure their wards live up to the expectations tied to the scheme.
The revival of the scholarship programme reflects Amansie Community Bank’s broader vision of community development through education. By investing in the academic future of young people, the bank is not only reinforcing its corporate social responsibility but also contributing to the creation of a pool of skilled individuals who can drive progress in the region.
This initiative positions the bank as a key stakeholder in educational advancement, demonstrating that profitability can be aligned with social impact. The scholarship scheme is expected to inspire beneficiaries to excel academically and, in turn, contribute positively to their communities and the nation at large.
With this renewed commitment, Amansie Community Bank Plc, has set a precedent for other financial institutions to follow, showing that strategic investment in education yields long-term benefits for both the institution and society.
Post Views: 9
Discover more from The Business & Financial Times
Subscribe to get the latest posts sent to your email.
