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ALL POSTS FILED UNDER: ADB

ADB dismisses UniBank takeover report

March 7, 2018 6:06 pm Add a Comment

The management of the Agricultural Development Bank (ADB) has dismissed reports claiming that uniBank has taken over 51 per cent shares.Reports indicate that uniBank has taken over the ADB.Clifford Mettle, Executive Director of uniBank, said the bank’s acquisition of 51 … Read more →

uniBank takes over ADB

12:33 pm Add a Comment

Reports reaching us indicates that a consortium of financial institutions that control majority shares in agric-focused financial institution – Agricultural Development Bank (ADB) – has pledged its shares, proceeds, entitlements and voting rights to uniBank, a leading wholly Ghanaian-owned bank. The consortium, … Read more →

“It makes sense” for gov’t to combine ADB with NIB – BoG Governor

November 27, 2017 3:23 pm 1 Comment

The Governor of the Bank of Ghana, Dr Ernest Addison, says “it makes sense” for the government to combine the Agricultural Development Bank (ADB) with the National Investment Bank (NIB), citing the challenge of recapitalsiing two banks to GH¢400 million … Read more →

REVEALED: Woyome’s 6 bank accounts at ADB – See the worth

April 25, 2016 7:07 am Add a Comment

I. Account No – 1161010010031401 – GHC966.58 ii. Account No – 1161810010031401 – GHC29, 515.95 iii. Dollar Account No – 1163030010031401 – US$98.17 cents iv. Dollar Account No – 1163040010031401 – US$32,779.68 v. Euro Account No – 1165030010031401 – €1, … Read more →

ADB fires 14 top Officials

November 12, 2015 7:00 am Add a Comment

The Agricultural Development Bank (adb) has relieved 14 management staff of their duties as part of what the bank described as a process of reviewing its operations. A statement from the bank explained that “the Agricultural Development Bank (adb), as … Read more →

ADB sells head office for $10m; rents new one for ?1m monthly

April 29, 2015 12:14 pm Add a Comment

The decision of ADB to sell its Head Office for $10million only to pay a monthly rent of GHC1million for a new office has caused a stir and dissatisfaction amongst the bank’s staff. The bank is now headquartered at the … Read more →

ADB earmarks $60m for Ebola fight

August 29, 2014 8:06 am Add a Comment

The Deputy Health Minister Dr Victor Bampoe says the Africa Development Bank has earmarked $60m for countries affected by the Ebola virus. A further $150million is available by way of loans and grants to non-ebola affected countries in the sub-region. Dr … Read more →