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Agricultural Development Bank (Ghana) to delist tradeable rights shares on 22 March
Agricultural Development Bank Ltd’s listing status on the Ghana Stock Exchange has changed. Below are the details of the listing status change:
Full trading name | : | Agricultural Development Bank |
Exchange alpha code | : | ADB.gh |
ISIN code | : | GHEADB043726 |
Stock exchange name | : | Ghana Stock Exchange |
Type of shares | : | Tradeable Rights |
Old listing status | : | Active |
New listing status | : | Delisted |
Notification date | : | 01/03/2019 |
Effective date | : | 22/03/2019 |
About the company
Agricultural Development Bank (ADB) is a leading financial institution in Ghana with an agricultural development focus. In 1964, Bank of Ghana set up a Rural Credit Department to manage legislation and plans and procedures for a specialised bank for the agricultural sector. ADB was established in 1965 as the Agricultural Credit and Cooperative Bank. The bank was restructured in 2009 and positioned as a full-service financial institution with an agricultural focus; offering banking products and services to the retail, corporate, commercial, executive and parastatal sectors. ADB is responsible for providing up to 85% of institutional credit to the agricultural market. It also offers services in risk and treasury management. ADB has a national footprint with 78 branches located in the major towns and cities of Ghana, as well as automatic and mobile banking facilities.
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