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Agricultural Development Bank


Headquarter: Accra, Ghana
Date of establishment: 1965
Type of institution: development bank under banking law
Ownership: Government owned
Membership: AFRACA

as of Dec. 2000 (rounded figures)
Number of branches 45
Number of staff 1,100
Number of savers 23,000
Number of loan clients 44,000
Total assets (in US$; 1US$ = 7,227 Cedi) 190m
Total outstanding net loan balance (US$) 85m
% of loan portfolio allocated to the agricultural sector 65%


Main activities and products

The bank provides small and large-scale agricultural and agro-industrial financing and related export financing for agricultural products to promote agricultural development. It also carries out commercial banking activities to spread the risks (commercial, corporate, international banking and treasury management). The bank offers a range of products and special financing schemes.


Main sources of funds

Deposits from the public
Government of Ghana

Donor support

Outstanding balance with African Development Fund, International Fund for Agricultural Development, World Bank, European Development Fund


Publications

Annual Report


Address

P.O. Box 4191
Accra
Ghana

contact details

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