Agricultural Development Bank PLC
ADB.GH – GHANA STOCK EXCHANGE
Business Description
Agricultural Development Bank PLC, formerly Agricultural Development Bank Limited, is a Ghana-based universal bank. The Bank's principal activities comprise corporate banking and retail banking. It operates through three segments: Corporate Banking, Retail Banking, and Central Treasury. The Corporate Banking segment includes loans, deposits, and other transactions and balances with corporate customers, including the agricultural sector. The Retail Banking segment includes loans, deposits, and other transactions, and balances with retail customers. The Central Treasury segment undertakes the Bank's funding and centralized risk management activities through borrowings, issuing of debt securities for risk management purposes, and investing in liquid assets such as short-term placements, and corporate and government debt securities. The Bank has approximately 87 branch networks.
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