An Evaluation Of Income Generating Activities Of Rural And Commercial Banks: A Case Study Of Gcb-koforidua And South Akim Rural Bank-koforidua

ABSTRACTIncome generating activities are the sources of revenues for financial institutions. The study evaluated income generating activities of rural and commercial banks. Income generating activity was defined as ‘all operation that produce income or recover cost by providing goods or services to the general public’. Convenience sampling technique was used to sample a rural bank, South Akim Rural Bank, and a commercial bank, GCB, both in the Koforidua municipality as case study.Questionnaires were used to gather primary data on income generating activities of both bank. Other secondary sourc…