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ADB adjudged best bank in agri-financing

The award was a confirmation of its commitment to financing the agricultural sector in Ghana over the years, the bank said in a statement.

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The annual Banker Africa award is a continent-wide assessment open to all banks and financial institutions in Africa, with the aim of recognising outstanding performance and excellence in the financial services industry.

Head of Agricultural Finance at ADB Sylvia Nyante indicated that the award was an endorsement of the bank’s commitment to investing in agriculture.

“Though many of our competitors are shying away from investing in the [agricultural] sector, we remain committed and over the past five years we have invested over 300 million Ghana cedis in different areas within the agriculture sector,” she said, adding that ADB has been the proud major sponsor of the annual National Farmers’ Day event and has consistently donated a three-bedroom house to the ultimate winner.

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The bank has won several awards in the  area of agri-financing over the past years. ADB said it will remain committed to the sector since it recognises it as an integral part of the Ghanaian economy.

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