The Minister of Finance, Ken Ofori-Atta says the fundamental objectives of special-purpose banks such as the NIB and ADB would have to be reviewed to help them secure the necessary capital so they can give out long-term funds as the government makes moves to establish a development bank. The Government of Ghana, in partnership with […]
Tag: XGHA_ADB
Finance Minister dialogues with AGI; promises National Development Bank will be a game changer for industry
Finance Minister, Ken Ofori-Atta, says the National Development Bank which will take off from the end of July will be a game changer that will transform the country’s economy through industrialization and create more job opportunities. This is because it will provide long term funding of up to 15 years repayment period to businesses, at […]
Patient capital of up to 15-yrs is coming – Ofori-Atta assures businesses
Finance Minister, Ken Ofori-Atta The long-standing problem of lack of patient capital faced by businesses, particularly manufacturers, will soon be a thing of the past when the Development Bank of Ghana (DBG) comes off this year, Finance Minister Ken Ofori-Atta has assured. Speaking to captains of large producers in Accra, Mr. Ofori-Atta said the soon […]
Don’t steal road furniture on Pokuase Highway – Roads Minister warns
The Roads Minister, Kwasi Amoako-Attah, has warned persons who intend to steal road fittings and furniture on the newly constructed Pokuase interchange to desist from doing so or the law will catch up with them. Speaking at the commissioning of the road, he noted, “we have been provided as part of the recommendations of a […]
ADB celebrates customers
The Agricultural Development Bank PLC (ADB) has held a customer appreciation cocktail for customers in the Ashanti region with a pledge to continue serving them with better products and services. The Board Chairman of the Bank, Lawyer Alex Bernasko, in his remarks commended the customers for doing business with the bank and their continuous loyalty […]
What it takes for farmers to get funds
Arusha . Financial institutions could be losing the opportunity of financing agricultural activities because the sector requires more than mere checklists, a banker said here yesterday. The managing director of the Tanzania Agricultural Development Bank (TADB), Mr Japhet Justine, said agricultural projects financing require artistic conversations model for appraisals rather than subjecting them to checklists. […]
Ruvuma avocado growers invite bank appraisers to assess needs
Songea . With avocado growing becoming an economic undertaking, farmers in Ruvuma Region now believe they can no longer farm it at the subsistence level, merely depending on meagre resources. Tanzania has a high potential for exports of avocado which is already being considered to be the country’s latest ‘green gold’ discovery. Close to 9,000 […]
We’ll support businesses grow — ADB
The Agricultural Development Bank PLC (ADB) has pledged to use its expertise and resources to support businesses in the country to expand and create more jobs for the youth. The bank said it appreciated the commitment of customers to the brand over the years and would avail itself to them in the interest of deepening […]
Asantehene commends Board and Management of ADB
The Asantehene Otumfuo Osei Tutu II and the board and management of ADB in a photo The Asantehene Otumfuo Osei Tutu II has commended the board and management of the Agricultural Development Bank for refocusing on its core mandate of Agricultural financing. He said ADB which was purposefully established to lend for the growth of […]
Asantehene commends board and management of ADB for refocusing on its core mandate
The Asantehene Otumfuo Osei Tutu 11 has commended the board and management of the Agricultural Development Bank for refocusing on its core mandate of agricultural financing. According to him , ADB which was purposefully established to lend and support the growth of the agricultural sector had for some years redirected its focus to other areas […]