Prudential Bank Limited

Not to be confused with Prudential Financial.

Prudential Bank Limited (PBL), commonly known as Prudential Bank, is a private commercial bank in Ghana. It is licensed by the Bank of Ghana, the central bank and national banking regulator.^[1]

Prudential Bank Limited

Company type	Private
Industry	Financial services
Founded	1996; 29 years ago (1996)
Headquarters	8 John Hammond Street (formerly 8 Nima Avenue), Ring Road Central, Accra, Ghana
Key people	Muriel Susan Edusei (chairman) Bernard Appiah Gyebi (managing director)
Products	Loans, checking, savings, investments, debit cards
Revenue	(Aftertax) GHS:9.62 million (2012)
Total assets	GHS:676.61 million (2012)
Website	Homepage

Location

The headquarters of the bank is located at 8 John Hammond Street, Ring Road Central, Kanda, Accra, Ghana's capital and largest city. The coordinates of the bank's headquarters are 5°34'24.0"N, 0°11'31.0"W (Latitude:5.573335; Longitude:-0.191949).^[2]

Overview

The bank was incorporated in 1993, and opened on 15 August 1996 with the first branch in Accra.^[3]

PBL is a medium-sized bank specializing in meeting the banking needs of small and medium-sized businesses and individuals.^{[citation needed]}

As of 31 December 2012, the bank's total assets were GHS:676.61 million, with shareholders' equity of GHS:85.1 million.^[4]

Subsidiaries

As of July 2023, PBL maintained one wholly-owned subsidiary,^[3] Prudential Securities Limited, which is engaged in funds management, pension fund management, corporate finance, business advisory services as well as equity and economic research.

Ownership

The Bank's stock was owned by the following corporate entities and individuals as of 30th June 2023:^[3][4]

Prudential Bank Limited stock ownership

Rank	Name of owner	Percentage ownership
1	Ghana Amalgamated Trust	47.00
2	Frank Owusu	17.10
3	J. S. Addo Consultants Limited	8.63
4	Trustees of PBL Staff Provident Fund	6.47
5	Akwasi Aboagye Atuah	4.33
6	Ghana Union Assurance Company Limited	4.25
7	Stephen Sekyere-Abankwa	3.66
8	Nortey K. Omaboe	3.63
9	Kofi O. Esson	2.09
10	NTHC Brokerage Services Limited	1.65
11	John K. Addo	0.82
12	Nana Agyei Duku	0.38
	Total	100.0%

Branch network

As of July 2023, PBL had 39 branches and two agencies at the following locations:^[5]

1. Abeka Branch - Accra^[6]
2. Aboabo Branch - Kumasi
3. Abossey Okai Branch - Accra
4. Accra Branch - Accra
5. Adentan Branch - Accra
6. Afful Nkwanta Branch - Kumasi
7. Airport City Branch - Accra
8. Atonsu Branch - Kumasi
9. Cantonments Branch - Accra
10. Cape Coast Branch - Cape Coast^[7]
11. East Legon Branch - East Legon, Accra^[8]
12. Gicel Branch - Accra
13. Haatso Branch - Accra
14. Koforidua Branch - Koforidua
15. Kumasi Adum Branch - Kumasi
16. Kumasi Main Branch - Kumasi
17. Madina Branch - Accra
18. Makola Branch - Accra
19. Mataheko Branch - Accra
20. Methodist University Agency Branch - Accra
21. Nungua Branch - Accra
22. Odorkor Branch - Accra
23. Okaishie Branch - Accra
24. Ring Road Central Branch - Accra
25. Santasi Roundabout Branch - Kumasi
26. Spintex Road Branch - Accra
27. Suame Maakro Branch - Kumasi
28. Sunyani Branch - Sunyani
29. Taifa Branch - Accra
30. Takoradi Harbour Branch - Takoradi
31. Takoradi Market Circle Branch - Takoradi
32. Tamale Branch - Tamale
33. Techiman Branch - Techiman
34. Tema Community 1 Branch - Tema
35. Tema Fishing Harbour Branch - Tema
36. Tesano Branch - Accra
37. University of Cape Coast Branch - Cape Coast
38. University of Cape Coast Agency Branch - Cape Coast
39. University of Ghana Branch - Accra
40. Valley View Agency Branch - Accra
41. Weija Branch - Accra

See also

• List of banks in Ghana
• Economy of Ghana

• Banks portal