Agricultural Development Bank (Ghana) to delist tradeable rights shares on 22 March

By Published On: March 4th, 2019Categories: Status

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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