Giving that the outturn of non-tax revenue for 2018 and first half of 2019 has been below target, government has initiated a policy measure to address revenue leakages due to fraudulent receipting and handling of cash. This is the expansion of the use of banks for collection of non-tax public revenues. In the first half […]
Tag: agricultural development bank
Banks should take on more risks – ADB boss
With increased capital, banks should take on more strategic risks by booking more loans and supporting local businesses to grow, Dr. Kofi Mensah – Managing Director of Agricultural Development Bank (ADB), has said. “I am expecting incremental funding into the private sector, and the Ghanaian banks are more welcoming when it comes to injecting capital […]
Leaders in Ghana’s finance sector celebrated at 2019 GFIA
A section of the award winners More than fifty (50) organizations and professionals of the finance sector were recognized at the 2019 Ghana Finance Innovation Awards (GFIA 2019) held on the 19th of October at the Movenpick Ambassador Hotel, Accra. Under the theme: “Recognizing and Rewarding Excellence in the Finance Industry”, the awards ceremony conferred […]
Leaders in Ghana’s Finance Sector Celebrated at 2019 GFIA
More than fifty (50) organizations and professionals of the finance sector were recognized at the 2019 Ghana Finance Innovation Awards (GFIA 2019) held on the 19th of October at the Movenpick Ambassador Hotel, Accra. Under the theme: “Recognizing and Rewarding Excellence in the Finance Industry”, the awards ceremony conferred honours on the outstanding performance of […]
New National Development Bank to take off January 2020 – Ken Ofori-Atta
Finance Minister, Ken Ofori-Atta, has disclosed that a new National Development Bank is set to be operational from January next year. According to Mr Ofori-Atta, all the necessary work has been completed for the institution to start operations. Background Mr Ofori-Atta in the 2019 Budget Presentation announced that they have made some progress in establishing […]
ADB to provide innovative products
Mr John Mensah, the Managing Director of the Agricultural Development Bank (ADB) Limited, Dr John has reiterated the Bank’s commitment to provide innovative products and services that will make banking fast, safe and convenient for customers. To this end, the Bank this year rolled out three new digital products, the Contactless Card and POS Device, […]
Ghana: ADB to Drive Strong Growth and Robust Balance Sheet – MD
Agricultural Development Bank (ADB), a leading indigenous bank, says it is poised to expand its products and services across the country to help the customers of the bank to meet their financial needs. The Managing Director, Dr John K. Mensah, said the fresh capital injection from the Ghana Amalgamated Trust and right issue the bank […]
Tanzania: Govt to Increase Fish Production, Consumption
THE government targets to increase fish production to over half a million tonnes a year, a plan that will see fish consumption also increase from 8-10kg annually. Permanent Secretary in the Ministry of Livestock and Fisheries, Dr Rashid Tamatama, said the government had embarked on a major investment programme to boost fish production and consumption […]
Ghana: ADB Celebrates Customer Service Week
The Managing Director of the Agricultural Development Bank (ADB) Limited, Dr John Kofi Mensah has reiterated the bank’s commitment to provide innovative products and services which will make banking fast, safe and convenient for customers. To this end the bank has this year rolled out three new digital products, the Contactless Card & POS Device, […]
Exchange of crisp banknotes for Dashain to begin from Sept 27
This picture taken on October 3, 2016 shows people queuing at Nepal Rastra Bank’s offices in Thapathali, Kathmandu, to exchange currency notes ahead of the Dashain festival. Photo: Republica Files Maximum exchange limit fixed at Rs 18,500 KATHMANDU, Sept 20: Nepal Rastra Bank (NRB) is providing exchange facility for crisp banknotes for the Dashain festival […]