File photo Yes, confidence in the banking sector is bouncing back and yes, banks are returning to profitability. Big cheers to the Central Bank for embarking on an unprecedented financial sector reform that has seen the revoking of more than 400 licences of banks, savings and loans, finance houses, microfinance and microcredit companies. The reforms […]
Tag: agricultural development bank
2019 Best farmer receives cash prize
Mr. Gyamfi emerged the 2019 National Best Farmer at the award ceremony held at Ho, Volta Region last year. The Agricultural Development Bank Limited (ADB) has handed over to Mr. Charles Gyamfi, the 2019 National Best Farmer a cash prize of GH¢536,000.00 at a short ceremony in Accra. Mr. Gyamfi emerged the 2019 National Best […]
2019 Best farmer receives cash prize
By Priscilla Oye Ofori/Jacqueline Appiagyei, GNA Accra, Feb. 25, GNA — The Agricultural Development Bank Limited (ADB) on Tuesday handed over to Mr Charles Gyamfi, 2019 National Best Farmer a cash prize of GH¢ 536,000.00 at a short ceremony in Accra. Mr Gyamfi emerged the 2019 National Best Farmer at the award ceremony held at […]
The week in review: AIIB to extend loans to China, MoF provides more financial relief, Huishang Bank announces Baoshang takeover
In this round-up, Beijing-headquartered Asian Infrastructure Investment Bank is ready to provide loans to help China combat the deadly outbreak of the novel coronavirus, the Ministry of Finance has rolled out more easing measures amid the epidemic, and Huishang Bank has finally confirmed it is taking over Baoshang Bank. The number of new people confirmed […]
Daughters of Glorious, Uncle Ato headline ADB annual thanksgiving service
Evergreen Gospel musicians, the Daughters of Glorious Jesus and sensational worship singer Uncle Ato are set to headline this year’s edition of the Agricultural Development Bank (ADB) interdenominational Thanksgiving Service. The event scheduled for this Sunday, February 2, 2020 will take place concurrently in Accra and Kumasi with a Muslim Prayer preceding the Interdenominational Thanksgiving […]
ADB to scale up global loan portfolio by 50% to shore up agric-business – MD
The Managing Director of Agricultural Development Bank (ADB) says the bank will this year till 2022 upscale its global loan by 50% and create a separate balance sheet for agric-business financing. According to Dr John Mensah, the bank has started posting profits. Speaking at the bank’s annual thanksgiving service in Accra, Dr Mensah stated the […]
Agrobank eyes RM1b loan growth for FY2020
Datuk Seri Mohamed Azmin Ali and Datuk Seri Salahuddin Ayub witness the partnership signing ceremony between Petronas and Agrobank in Kuala Lumpur January 28, 2020. ― Bernama pic KUALA LUMPUR, Jan 28 ― Agrobank, formerly known as Bank Pertanian Malaysia Bhd, eyes a minimum of RM1.0 billion loan growth for the financial year ending December […]
ANC’s new land expropriation twist could collapse the economy: DA
The DA has slammed the ANC’s plan to allow for a ‘land tsar’ to have the final say on land expropriation without compensation, highlighting the potential damage it could cause the economy. The ruling party has indicated that it does not support the idea of courts being the decision-maker on whether or not the state […]
If you owe ADB, you need to pay to avoid its name and shame move
The Agricultural Development Bank (ADB) in Ghana has disclosed that it will publish the names and pictures of loan defaulters if they do not pay up within 30 days. The bank has added that for corporate bodies that are failing to pay back their loans, the names of the companies and their directors, as well […]
Government plans to merge state-run banks to facilitate more lending
The first merger will involve Myanma Economic Bank and Myanmar Agricultural Bank and potentially make loans more accessible to farmers. Zarni Phyo/The Myanmar Times A senior official has announced that four government-owned banks that have similar business scopes will be merged in order to help provide more loans for micro, small and medium enterprises (MSME), […]