ADB to finance selected projects in the Ashanti Region

The Agricultural Development Bank (ADB), as part of deepening presence and activities in the northern half of Ghana, is set to extend financing of selected projects and also expand its branch network in the Ashanti and other regions.

In Kumasi alone, ADB will by end of this year increase the number of branches from five to seven, offering customers an opportunity for better access to more branches. The bank has also established trade desks at the Prempeh II and Kumasi Market branches to support and promote foreign trade business.

Meanwhile, the bank has fully refinanced the acquisition of a campus on behalf of Wisconsin International College in Kumasi to help increase access to quality tertiary education in the country.

ADB is also in the process of completing an agreement with the Kumasi Metropolitan Assembly (KMA) to finance a Multipurpose Car Park in Kumasi, as part of overall strategy of enhancing development of the Garden City.

Also, a major Agro-Processing Industrial Project in the Northern Region will soon be unveilled. Going forward, the bank intends to deepen its Corporate Social Responsibility in the Ashanti Region by organising a series of social activities geared toward giving back to society.

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