Stanbic Bank led the market share of banks that invested heavily on the Ghana Stock Exchange Fixed Income Market in 2021, controlling 25.21% of the total value of securities traded. It was followed by GCB Bank which dislodged Standard Chartered Bank to the second position. Ghana’s second biggest bank held 12.40% of government securities, largely […]
Tag: agricultural development bank
Ghana: ADB Presents Cheque for Gh¢600,000 to 2021 National Best Farmer
The Agricultural Development Bank (ADB), yesterday presented cheque for GH¢600, 000 to the 2021 National Best Farmer, Alhaji Mohammed Mashud, in Accra. This was in fulfilment of the bank’s continuous pledged to be the lead sponsor of the Farmers Day Celebrations, since its inception, in 1988. The Managing Director of the Bank, Dr John Kofi […]
Rwanda to Launch $350 Million Agriculture Financing Facility
The government is expected to start an agriculture facility with an initial investment of $350 million (about Rwf350 billion), Prime Minister Edouard Ngirente has said, indicating that it will help provide farmers loans at less than 10 per cent interest rate. The Premier said that this is an initiative Rwanda is going to implement in […]
ADB opens 87th branch at Takoradi Market Circle
The Agricultural Development Bank PLC (ADB) as part of its corporate strategy has opened a new branch in Takoradi in the Western Region, making it the 87 th branch of the bank nationwide. The new branch located within the Takoradi Market Circle area is in response to the growing business population and a heed to […]
MoFA facilitates funds to support rice producers as the country targets self-sufficiency in rice production
As Ghana targets self-sufficiency in rice production, the Ministry of Food and Agriculture is facilitating the provision of funds to support rice processors across the country through financial arrangements with the Agricultural Development Bank. The Ministry says rice value chain actors can now access loans at a 50% subsidized rate from selected banks across the […]
Tanzania: State Effort in Rebuilding Economy – Reflections On Samia’s One Year in Office
THE last two years have provided a near-perfect test-case for economic resilience for most economies. The Covid-19 pandemic was a least expected occurrence but perhaps; the most disruptive since World War II. Like many nations around the world, the immediate challenge for most African countries was how to manage the spread of the virus to […]
27 Branches Of ADB Resumes Saturday Banking
The Agricultural Development Bank PLC (ADB) has resumed its Saturday Banking Services in 27 branches across the country. The selected Branches in the Greater Accra Region include; Spintex, Madina, Tema Main, Dansoman, Kaneshie, Makola, Ridge, New Town, Nima, Ring Road Central (RRC), Teshie, Nungua and Abeka Lapaz. Also in the Ashanti and Bono/Bono East Regions, […]
Ghana: Funding 1D1F – Govt Disburses Gh¢273 Million to 15 Banks
The Minister of Trade and Industry, John Alan KwadwoKyerematen, has disclosed that government, since the implementation of its flagship programme, One District, One Factory, has released GH¢273,055,513 to 15 Participating Financial Institutions (PFIs) between 2017 and 2021. The amount is for the payment of interest subsidies to de-risk loans granted to beneficiary companies by the […]
ADB holds appreciation dinner for customers in Western region
The Agricultural Development Bank PLC (ADB) has organised an appreciation dinner for customers of the bank in the Western Region. The dinner which attracted customers from all four branches in the region is part of the bank’s strategy for the management to interact with customers and also thank them for doing business with the bank. […]
Ato Okyir appointed as Letshego Group Heaf of New Ventures
The inclusive finance organisation’s latest appointment of Ato Okyir as Group Head of New Ventures (Technology Innovation), reiterates Letshego’s commitment to cementing Ghana as a valuable sub-regional hub for talent and expertise. Letshego Africa, with a presence in 11 countries across sub Saharan Africa, is supporting the growth of its regional strategy by creating three […]