ADB is a universal bank offering full range of banking products and services in retail, commercial, corporate and investment banking. Its business focus is universal banking with development focus.
Set up in 1965 by Act 286, ADB is wholly publicly-owned. The Government owns 52% of the shareholding, with the remaining 48% held by the Financial Investment Trust on behalf of the Bank of Ghana.
Vision
To be among the Top 3 performing banks in Ghana by 2015, balancing market orientation with a development focus on Agric and more.
Mission
ADB is committed to building a strong customer-oriented Bank, run by knowledgeable and well-motivated staff, providing profitable financial intermediation and related services for a sustained and diversified agricultural and rural development.
Aggressiveness
We shall be fearless, bold, energetic and enterprising in pursuing actions or decisions in the market place that will ensure that we are competitive, satisfy our customers and achieve sustainable growth.
Accountability
We will perform in a manner at all times that makes us accountable, responsible, and answerable to our customers, partners, leaders, and other employees as well as external stakeholders.
Customer Service Excellence
We will enable our customers to have an efficient, productive, and enjoyable banking experience by providing customers with what they want when they need it.
Creativity
We create the environment that encourages our employees to generate a new idea and / or rethink an old idea and develop the idea into practical implementable products, processes, or solutions.
Teamwork
We build effective teams with members who have complimentary competencies, hold themselves mutually accountable, exhibit effective communication and continually challenge each other to strive for excellence
Historical Milestones
1964 – Bank of Ghana set up a Rural Credit Department to prepare the necessary legislation, plans and procedures for the establishment of a specialized bank for the provision and administration of credit and other banking facilities in the agricultural sector.
1965 – ADB was established by Act 286 in 1965 as the Agricultural Credit and Cooperative Bank. The Bank started operations from a building on the Tunisia Road, West Ridge – Accra.
1967 – The National Liberation Council (NLC Decree 182) changed the name of the Bank from the Agricultural Credit and Cooperative Bank to the Agricultural Development Bank and amended key sections of the original Act 286.
1990 – By 1990, the Bank became more diversified and added international banking and trade services to its growing product portfolio.
1993 – The Bank became the principal agent in inward money transfer and remittances in the country.
2004 – The Bank obtained the Universal Banking license and broadened its bouquet of services offerings.
2006 – The Head Office was moved from the Cedi House to the ADB House on the 37 Independence Avenue, Accra
2009 – Under the current and new management, the Bank went through a restructuring programme to reposition itself by balancing market orientation with a development focus on Agriculture and more. By 2011, the branch network grew from 55 to the present 78 branches across the country with fully networked branches running on a robust ICT platform.
2011 – By 2011, the branch network grew from 55 to the present 78 branches across the country with fully networked branches running on a robust ICT platform. Around the same time, the Bank introduced the ADB Visa Classic Card, allowing card holders to transact business anywhere in the world.
2011 – The Bank also won the coveted Chartered Institute of Marketing (CIMG) Bank of the Year Award twice on the trot in 2010 and 2011 and more than a dozen international silverwares, prominent amongst them, the International Star Award for Quality. The Bank’s Continental ranking rose 24 places amongst Africa’s prestigious commercial banks.
2012 – A ground breaking ceremony was performed for the construction of the state-of-the-art Accra Financial Centre on September 4, 2012 which will serve as our ultimate Head Office