ADB

Government Considers Plan To Allow ADB Takeover NIB – Report

Government Considers Plan To Allow ADB Takeover NIB – Report

Government is reported to be considering plans which will see the Agriculture Development Bank (ADB) takeover the operations of the National Investment Bank (NIB). According to a Joy Business report, the decision is on the back of moves to restructure the state-owned NIB which has been faced with an array of challenges in the last few years as government can longer continue to advance financing support to the Bank. The portal added that people with knowledge of the proposed takeover hinted that although government is mulling over other options, the decision to allow ADB to takeover NIB is the likeliest…
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Ministry Of Energy Staff Arrested For Stealing GHC 287,775 From ADB

Ministry Of Energy Staff Arrested For Stealing GHC 287,775 From ADB

The Accra Circuit Court will on September 5 this year resume hearing a stealing case involving a secretary of the Ministry of Energy and the Agricultural Development Bank. Regina Abanga, a secretary at the Ministry of Energy is accused of manipulating ATM machines belonging to ADB and withdrawing sums to the tune of GHC 287,775. According to facts of the case presented to the court, the accused who has an account at the Ridge branch of the bank between November 2022 to June 2023, on a regular basis visited various ATM Machines within the Accra metropolis and withdrew between GC2,000…
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ADB To Support Rebranding Of Press Centre

ADB To Support Rebranding Of Press Centre

The Agricultural Development Bank (ADB) has pledged to support the Ghana Journalists Association (GJA) to build the capacities of journalists in the country as well as the rebranding of the Accra International Press Center. The Bank which has been a partner of the GJA since 2018, has also reaffirmed its support for the upcoming GJA Awards which will be held on November 12, 2022, at the Kempinski Hotel Gold Coast City. The Managing Director of the ADB, Mr. John Kofi Mensah, made the remarks when the Executives of the GJA paid a courtesy call on the Bank yesterday in Accra.…
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