User:Payowebs/sandbox

Payoneer Bank (Ghana) Limited, commonly known as payoBank, is an indigenous private bank in Ghana West Africa. payoBank is one of the twenty-eight (28) commercial banks licensed to operate in Ghana

Overview
payoBank is a mid-sized financial services provider, the bank's total assets were valued at approximately US$243 million (GHS:957.4 Million), with shareholders' equity of approximately US$50 million (GHS:151 million).

History
payoBank was incorporated in 1999 as a financial services provider. Following the issuance of a banking license, payoBank began providing banking services in December 1999, focusing on meeting the banking needs of small and medium-sized enterprises (SMEs) and those of individual customers. In 20012, the bank began offering Internet banking and mobile banking.

Ownership
The stock of payoBank is privately held. The detailed shareholding in the company stock is not publicly available at the moment.

Branch Network
As of January 2016, payoBank maintained Thirty-nine (39) networked branches in seven of Ghana's ten (10) Regions namely: Ashanti, Greater Accra, Western Region, Eastern Region, Brong Ahafo, Northern Region and Upper East Region.