Agricultural Development Bank Plc provides corporate, investment, and retail banking products and services in Ghana. It offers corporate banking services comprising business bank accounts, such as foreign currency, client currency, clients deposit, schools and colleges, and community accounts; business overdraft, business invoice factoring, import and export documentary credit, import and export bills, trade and supply chain protection, foreign exchange risk management, foreign exchange, foreign currency account, guarantees, and export invoice finance services; payments and cash management services; funding solutions; and asset finance services. In addition, the company provides retail banking services, including current, savings deposit, salary, student save, and Mmofra accounts; and electronic, investment, executive, foreign currency, assets, and money remittance banking services. Further, it offers risk management services, such as market/financial and operational risks, and compliance units; treasury management services, including foreign exchange, fixed deposit, call account, rediscounting of bill, primary dealer and secondary market activities, repurchase contract, and custody services; agribusiness products and services; and commercial/SME short and medium term loans, inventory financing facilities, working capital lending, contractor financing, import and export financing, and bridge and LPO financing. The company was founded in 1965 and is based in Accra, Ghana. Agricultural Development Bank Plc operates as a subsidiary of Financial Investment Trust Limited.
Ghanaian Market Performance
7D7 Days: 7.7%
3M3 Months: 16.2%
1Y1 Year: 51.2%
YTDYear to Date: 43.0%
The market is up 7.7% over the last week, with the Communication Services sector leading the way, up 13%. Meanwhile, the Energy sector has underperformed, shrinking 3.2% in that time. The market is up 51% over the last 12 months. Earnings are forecast to grow by 17% annually. Market details ›
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