Business News of Wednesday, 2 August 2017
The Agricultural Development Bank (ADB) emerged as the best bank in Agriculture, Forestry and Fishing Finance at the 16th Ghana Banking Awards held in Accra. The bank also came up as the first runners up in the most E-zwich bank.
The Ghana Banking Awards, organised by Corporate Initiative Ghana (CIG), is regarded as the most prestigious award in the Ghanaian banking industry, which affords winners the opportunity to leverage the laurels received to woo new customers.
ADB continues to commit a substantial portion of its lending portfolio to Agriculture and allied sectors.
Managing Director of the Bank, Mr Daniel Asiedu, said the awards would not have been possible without the esteemed customers of the Bank noting that, “as with other awards we have won in the past, we dedicate this to our loyal customers and farmers to whom we remain committed to in growing their business”.
According to Mr Asiedu, “Having won the same award last year is an indication of the bank’s commitment towards the agricultural sector and we hope to continue supporting the sector going into the future”.
“It is an honour to be the best among our peers in a critical sector like Agriculture, Forestry and Fishing and I wish to assure our customers to expect more innovative and tailor-made products, which will boost their businesses,” he said.
Two years ago, the Bank facilitated a 17.7 million Euros credit for the production of 8,000 hectares of rubber in the country.
ADB also remains the major sponsor of the annual National Farmers’ Day and all the activities connected with the event including the Farmers’ Forum and Cocktails for the Award winners.
The Bank recently upgraded its IT infrastructure to help deliver better services. The upgrade is supported by cutting edge technology infrastructure which has excess capacity to deliver the very best banking experience to the Bank’s customers. This technology has reduced waiting and transaction times across all service channels.