Agricultural Development Bank Plc (GHSE: ADB)
Ghana flag Ghana · Delayed Price · Currency is GHS
5.06
0.00 (0.00%)
At close: Jan 27, 2025

GHSE: ADB Company Description

Agricultural Development Bank Plc provides corporate, investment, and retail banking products and services in Ghana.

It offers corporate banking services comprising business bank accounts, such as foreign currency, client currency, clients deposit, schools and colleges, and community accounts; business overdraft, business invoice factoring, import and export documentary credit, import and export bills, trade and supply chain protection, foreign exchange risk management, foreign exchange, foreign currency account, guarantees, and export invoice finance services; payments and cash management services; funding solutions; and asset finance services.

In addition, the company provides retail banking services, including current, savings deposit, salary, student save, and Mmofra accounts; and electronic, investment, executive, foreign currency, assets, and money remittance banking services.

Further, it offers risk management services, such as market/financial and operational risks, and compliance units; treasury management services, including foreign exchange, fixed deposit, call account, rediscounting of bill, primary dealer and secondary market activities, repurchase contract, and custody services; agribusiness products and services; and commercial/SME short and medium term loans, inventory financing facilities, working capital lending, contractor financing, import and export financing, and bridge and LPO financing.

The company was founded in 1965 and is based in Accra, Ghana. Agricultural Development Bank Plc operates as a subsidiary of Financial Investment Trust Limited.

Agricultural Development Bank Plc
Country Ghana
Founded 1965
Industry Commercial Banks
Employees 1,482
CEO Alhassan Yakubu-Tali

Contact Details

Address:
Accra Financial Centre
Accra
Ghana
Phone 233 302 770403
Website agricbank.com

Stock Details

Ticker Symbol ADB
Exchange Ghana Stock Exchange
Fiscal Year January - December
Reporting Currency GHS
SIC Code 6020

Key Executives

Name Position
Alhassan Yakubu-Tali Chief Executive Officer