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.
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 |