Stanbic Bank still controlled the market share of the Ghana Fixed Income Market in the first quarter of this year. However, its control of the total value of government bonds and treasury notes went down significantly to 14.23%, from 25.21% recorded in 2021. Perhaps, Stanbic Bank decided to reduce its exposure to government securities because […]
The Agricultural Development Bank (ADB) PLC has donated foodstuff including bags of rice and sugar to the National Chief Imam, Dr Sheikh OsmanuNuhuSharubutu, and his team of Imams as part of this year’s Ramadan celebration. Making the donation, the Deputy Managing Director, AlhajiAlhassanYakubu-Tali, indicated that the bank was making similar donations nationwide as part of […]
Chandigarh, April 13: Harpal Singh Cheema, Minister of Finance and Cooperation for Punjab, on Wednesday launched the website of Punjab State Co-op Agricultural Development Bank (PSCADB) for the convenience of the farmers of the state. Also Read | PM Modi pays tributes to martyrs of Jallianwala Bagh massacre According to Information and Public Relations Department, […]
The Agricultural Development Bank, ADB Bank has continued its trend of profitability in the year 2021, after seeing its profit before tax rose by almost 30% to hit GH¢126 million at the end of last year. Strong growth in the banks’ net interest income and net fees and commission income among others, contributed to its […]
Agricultural Development Bank has donated foodstuffs including bags of rice and sugar, among other items to the National Chief Imam, Dr. Sheikh Osmanu Nuhu Sharubutu, and his team of Imams as part of the Ramadan celebration. The donation was done on behalf of the bank by its Deputy Managing Director, Alhaji Alhassan Yakubu-Tali. Presenting the […]
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 Region and Bono/Bono East […]
An aerial view of the newly constructed infrastructure at Gabiro agribusiness hub. The government is expected to start an agriculture facility with an initial investment of $350 million. Courtesy 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 […]
BEIJING, April 10 (Xinhua) — Agricultural Development Bank of China (ADBC), one of the country’s three policy banks, will issue no less than 100 billion yuan (about 15.6 billion U.S. dollars) of loans from 2021 to 2025 to support the high-quality development of the country’s seed industry. The bank said during the five-year period it […]
Gross foreign exchange reserves had plunged by 16.2 percent to Rs1.17 trillion as of mid-February 2022, down from Rs1.39 trillion in mid-July 2021. Nepali banks said they would follow the central bank’s “verbal directive” to "discourage" traders from opening Letters of Credit (LC) to import non-essential goods in an effort to stem the outflow of […]
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 […]
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