ADB is best bank in agric

The Agricultural Development Bank has been adjudged the Best Bank in Agriculture, Forestry and Fishing at the15th Ghana Banking Awards held in Accra at the weekend.

The Ghana Banking Awards is recognised as the event which awards the best performing Banks in the country, ADB emerged tops in financing the Agric, Forestry and Fisheries sector which is recognised as the backbone of Ghana’s economy.

Though many banks and financial institutions shun the provision of credit to farmers due to the risky nature of the sector, the bank over the past five years invested over 350million Ghana Cedis indifferent areas within the sector.

Commenting on the award, the Managing Director, Mr Daniel Asiedu, said winning the award was an indication that the bank remained committed to the reason for which it was established. “Winning the award is an indication that even in the midst of stiff industry competition and an unpredictable agriculture sector, the bank remains committed to ensuring that the sector remains a major contributor to our economy,” he said. According to Mr Asiedu, 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,” he said.

“It is an honour to be the best among our peers in critical sectors such as 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.

Last year, the bank facilitated the provision of 17.7 million Euros geared towards the production of 8,000 hectares of rubber in the country. Also, the bank remains the major sponsor of the annual National Farmers’ Day event and has consistently financed the construction of a three-bedroom house for the ultimate winner.