A subsidiary of Agrihouse Communication
Sunday, June 22, 2025
AgriWatchGH
  • Agrihouse Trends
    • All
    • Agri-Influencer
    • Agri-Woman
    • Weekly Articles
    Boost-to-Bloom: Zabzugu Women Embark on Practical Training in Chilli Pepper Production

    Boost-to-Bloom: Zabzugu Women Embark on Practical Training in Chilli Pepper Production

    Boost-to-Bloom Takes Root in Zabzugu as Over 1,000 Farmers Begin Intensive Agribusiness Training

    Boost-to-Bloom Takes Root in Zabzugu as Over 1,000 Farmers Begin Intensive Agribusiness Training

    Global Affairs Canada Continues Strong Partnership with Agrihouse Foundation to Empower Women and Farmers with Disabilities in Agribusiness

    Global Affairs Canada Continues Strong Partnership with Agrihouse Foundation to Empower Women and Farmers with Disabilities in Agribusiness

    250 Women in Busunu Cultivate Confidence and Chilli Skills under Agrihouse’s Boost-to-Bloom Project

    250 Women in Busunu Cultivate Confidence and Chilli Skills under Agrihouse’s Boost-to-Bloom Project

    Let’s Create New Opportunities for Growth and Change for Women in Agriculture” – 7th WOFAGRIC Committee Chair

    Let’s Create New Opportunities for Growth and Change for Women in Agriculture” – 7th WOFAGRIC Committee Chair

    Agrihouse Foundation Expands Chilli Farming Project in Busunu

    Agrihouse Foundation Expands Chilli Farming Project in Busunu

    Diaspora Investment in Agribusiness Can Transform  Sector and Yield Profitable Returns — Agrihouse Foundation Executive Director Urges 

    Diaspora Investment in Agribusiness Can Transform Sector and Yield Profitable Returns — Agrihouse Foundation Executive Director Urges 

    Agrihouse Foundation Launches 7th WOFAGRIC and Gold in the Soil Awards

    Agrihouse Foundation Launches 7th WOFAGRIC and Gold in the Soil Awards

    1993 PB Trade and Commodity Ltd Champions Youth Empowerment at Agrihouse Foundation’s 8th AG-STUD Bootcamp

    1993 PB Trade and Commodity Ltd Champions Youth Empowerment at Agrihouse Foundation’s 8th AG-STUD Bootcamp

    • Agri-Influencer
    • Agri-Woman
    • Weekly Articles
  • National Trends
    • All
    • Crops
    • Fertilizer
    • Livestock
    • Machinery
    • Technology
    All is set for 32nd AGM of Afreximbank in Abuja

    All is set for 32nd AGM of Afreximbank in Abuja

    Concerns mount over potential shea nut export ban

    Concerns mount over potential shea nut export ban

    Maiden Ghana Herbal Conference slated for November 2025

    Maiden Ghana Herbal Conference slated for November 2025

    Ghana, Ivory Coast cocoa supply shortage makes chocolate prices soar in UK

    Ghana, Ivory Coast cocoa supply shortage makes chocolate prices soar in UK

    Accra Brewery celebrates farmer partnerships at “Farm to Brew” event

    Accra Brewery celebrates farmer partnerships at “Farm to Brew” event

    New Board tasked to reinforce Ghana’s Food Buffer Strategy

    New Board tasked to reinforce Ghana’s Food Buffer Strategy

    Mahama announces Ultra-Modern Rice Mill Project for North East Region

    Mahama announces Ultra-Modern Rice Mill Project for North East Region

    Govt to deploy DRIP Machines for nationwide farm road construction – Agric Minister

    Govt to deploy DRIP Machines for nationwide farm road construction – Agric Minister

    10,000 Youth to Receive Training in Livestock and Poultry Production

    10,000 Youth to Receive Training in Livestock and Poultry Production

    • Crops
    • Fertilizer
    • Livestock
    • Machinery
    • Technology
  • Regional Trends
    Strategic investment in agriculture can create over a million jobs – Agri-Impact CEO

    Strategic investment in agriculture can create over a million jobs – Agri-Impact CEO

    Agrihouse Foundation Engages Women in Yapei Ahead of Boost-to-Bloom Training

    Agrihouse Foundation Engages Women in Yapei Ahead of Boost-to-Bloom Training

    Decentralise FDA, EPA, others to support youth entrepreneurship – Prof. Bawole urges

    Decentralise FDA, EPA, others to support youth entrepreneurship – Prof. Bawole urges

    Reviving Ghana’s poultry sector: Maize, soya and the youth solution

    Reviving Ghana’s poultry sector: Maize, soya and the youth solution

    Olam Agri receives three prestigious awards at Ghana Business League Awards

    Olam Agri receives three prestigious awards at Ghana Business League Awards

    International Cassava Fair (FIMAN) 2025 Slated for 25-27 November 2025

    International Cassava Fair (FIMAN) 2025 Slated for 25-27 November 2025

    Ghana pushes for AGOA renewal, fair trade terms amid Trump’s 10% tariff blow

    Ghana pushes for AGOA renewal, fair trade terms amid Trump’s 10% tariff blow

    ‘Our indigenous cocoa buyers may go extinct’ – COCOBOD CEO warns of LBC collapse

    ‘Our indigenous cocoa buyers may go extinct’ – COCOBOD CEO warns of LBC collapse

    New fisheries law to deal decisively with EU ban – Fisheries Minister

    New fisheries law to deal decisively with EU ban – Fisheries Minister

  • Global Trends
    • All
    • Foreign News
    • News in Africa
    Ghana, Ivory Coast cocoa supply shortage makes chocolate prices soar in UK

    Ghana, Ivory Coast cocoa supply shortage makes chocolate prices soar in UK

    Over 46 Million Hectares at Risk: FAO Urges Action on Arab Land Degradation

    Over 46 Million Hectares at Risk: FAO Urges Action on Arab Land Degradation

    Rainforest Builder unveils Africa’s largest indigenous tree nursery in Ghana

    Rainforest Builder unveils Africa’s largest indigenous tree nursery in Ghana

    Ethiopia Partners with Precision Development to Digitise its Agriculture Sector

    Ethiopia Partners with Precision Development to Digitise its Agriculture Sector

    Sudan to adopt zinc-enriched sorghum to curb micronutrient deficiency and food system stress

    Sudan to adopt zinc-enriched sorghum to curb micronutrient deficiency and food system stress

    FAO and WFP early warning report reveals worsening hunger in 13 hotspots; five with immediate risk of starvation

    FAO and WFP early warning report reveals worsening hunger in 13 hotspots; five with immediate risk of starvation

    Global Food Commodity Output Set to Rise, But Risks Remain — FAO Warns

    Global Food Commodity Output Set to Rise, But Risks Remain — FAO Warns

    South Africa Urged to Strengthen Biosecurity Amid Rising Disease Threats 

    South Africa Urged to Strengthen Biosecurity Amid Rising Disease Threats 

    ICRISAT, RIS Launch New Centre to Boost Agricultural Transformation through South-South Cooperation

    ICRISAT, RIS Launch New Centre to Boost Agricultural Transformation through South-South Cooperation

    • Foreign News
    • News in Africa
  • Agri-Campus
    • All
    • Agri-Courses
    • Campus Trends
    GEPA Impact Hub hosts University of Cape Coast students on Edu tour

    GEPA Impact Hub hosts University of Cape Coast students on Edu tour

    KNUST Researchers uncover Africa’s first smart soil sensor to revolutionize farming

    KNUST Researchers uncover Africa’s first smart soil sensor to revolutionize farming

    All Nations University ventures into agriculture

    All Nations University ventures into agriculture

    97 2025 Yaf Orientation @ D Hub

    Young Agripreneur Forum Holds Orientation for New Members

    International Youth Day Celebration: Youth Urged to Lead Agricultural Transformation to help Eradicate Hunger and Poverty

    International Youth Day Celebration: Youth Urged to Lead Agricultural Transformation to help Eradicate Hunger and Poverty

    World Food Forum (WFF) Ghana Chapter Commemorates International Youth Day with Students of Accra Academy S.H.S   

    World Food Forum (WFF) Ghana Chapter Commemorates International Youth Day with Students of Accra Academy S.H.S  

    African Leaders Urged to Adopt Genetic Editing Technology to Achieve Food Security

    African Leaders Urged to Adopt Genetic Editing Technology to Achieve Food Security

    Agri-Sports Meets Agribusiness: Meet Coach Eric, Guide and Drills Mentor at the 5-day bootcamp

    Agri-Sports Meets Agribusiness: Meet Coach Eric, Guide and Drills Mentor at the 5-day bootcamp

    Meet Participating Schools for the 6th AG-STUD Boot camp 2023

    Meet Participating Schools for the 6th AG-STUD Boot camp 2023

    • Agri-Courses
    • Campus Trends
  • Agro-Market
    • All
    • Sales and Marketing
    Producer price inflation falls sharply to 10.25% in May 2025, lowest since Nov. 2023

    Producer price inflation falls sharply to 10.25% in May 2025, lowest since Nov. 2023

    Olam Agri receives three prestigious awards at Ghana Business League Awards

    Olam Agri receives three prestigious awards at Ghana Business League Awards

    Download (83)

    African economies should adapt to global challenges amid US-China tariff wars

    Randy Abbey 1536x1244 220364456 1 750x375

    New cocoa producer price not yet out – COCOBOD

    Banana 2

    Tariffs put bananas at risk of $250 million price increase

    2908 14103 Cocoa Drives 37 Qoq Surge In Cemac Agricultural Export Prices In Q2 2024 L

    US Tariff to impact Ghana’s Cocoa, Textiles and Agriculture

    Img 1345

    Love, Cocoa, and Innovation: The Sekoe Chocolates and KIC Story

    1 2 (1)

    Gambian Women Entrepreneurs Explore Trade Opportunities in Ghana with GEPA

    074c1f0e B6b8 410b 8677 44d164fbef20 (1)

    NPA Sets Minimum Fuel Prices to Stabilize Petroleum Market

    • Sales and Marketing
  • More
    • Agriwoman Marketplace
    • Events & Shows
    • Editor’s Choice
No Result
View All Result
  • Agrihouse Trends
    • All
    • Agri-Influencer
    • Agri-Woman
    • Weekly Articles
    Boost-to-Bloom: Zabzugu Women Embark on Practical Training in Chilli Pepper Production

    Boost-to-Bloom: Zabzugu Women Embark on Practical Training in Chilli Pepper Production

    Boost-to-Bloom Takes Root in Zabzugu as Over 1,000 Farmers Begin Intensive Agribusiness Training

    Boost-to-Bloom Takes Root in Zabzugu as Over 1,000 Farmers Begin Intensive Agribusiness Training

    Global Affairs Canada Continues Strong Partnership with Agrihouse Foundation to Empower Women and Farmers with Disabilities in Agribusiness

    Global Affairs Canada Continues Strong Partnership with Agrihouse Foundation to Empower Women and Farmers with Disabilities in Agribusiness

    250 Women in Busunu Cultivate Confidence and Chilli Skills under Agrihouse’s Boost-to-Bloom Project

    250 Women in Busunu Cultivate Confidence and Chilli Skills under Agrihouse’s Boost-to-Bloom Project

    Let’s Create New Opportunities for Growth and Change for Women in Agriculture” – 7th WOFAGRIC Committee Chair

    Let’s Create New Opportunities for Growth and Change for Women in Agriculture” – 7th WOFAGRIC Committee Chair

    Agrihouse Foundation Expands Chilli Farming Project in Busunu

    Agrihouse Foundation Expands Chilli Farming Project in Busunu

    Diaspora Investment in Agribusiness Can Transform  Sector and Yield Profitable Returns — Agrihouse Foundation Executive Director Urges 

    Diaspora Investment in Agribusiness Can Transform Sector and Yield Profitable Returns — Agrihouse Foundation Executive Director Urges 

    Agrihouse Foundation Launches 7th WOFAGRIC and Gold in the Soil Awards

    Agrihouse Foundation Launches 7th WOFAGRIC and Gold in the Soil Awards

    1993 PB Trade and Commodity Ltd Champions Youth Empowerment at Agrihouse Foundation’s 8th AG-STUD Bootcamp

    1993 PB Trade and Commodity Ltd Champions Youth Empowerment at Agrihouse Foundation’s 8th AG-STUD Bootcamp

    • Agri-Influencer
    • Agri-Woman
    • Weekly Articles
  • National Trends
    • All
    • Crops
    • Fertilizer
    • Livestock
    • Machinery
    • Technology
    All is set for 32nd AGM of Afreximbank in Abuja

    All is set for 32nd AGM of Afreximbank in Abuja

    Concerns mount over potential shea nut export ban

    Concerns mount over potential shea nut export ban

    Maiden Ghana Herbal Conference slated for November 2025

    Maiden Ghana Herbal Conference slated for November 2025

    Ghana, Ivory Coast cocoa supply shortage makes chocolate prices soar in UK

    Ghana, Ivory Coast cocoa supply shortage makes chocolate prices soar in UK

    Accra Brewery celebrates farmer partnerships at “Farm to Brew” event

    Accra Brewery celebrates farmer partnerships at “Farm to Brew” event

    New Board tasked to reinforce Ghana’s Food Buffer Strategy

    New Board tasked to reinforce Ghana’s Food Buffer Strategy

    Mahama announces Ultra-Modern Rice Mill Project for North East Region

    Mahama announces Ultra-Modern Rice Mill Project for North East Region

    Govt to deploy DRIP Machines for nationwide farm road construction – Agric Minister

    Govt to deploy DRIP Machines for nationwide farm road construction – Agric Minister

    10,000 Youth to Receive Training in Livestock and Poultry Production

    10,000 Youth to Receive Training in Livestock and Poultry Production

    • Crops
    • Fertilizer
    • Livestock
    • Machinery
    • Technology
  • Regional Trends
    Strategic investment in agriculture can create over a million jobs – Agri-Impact CEO

    Strategic investment in agriculture can create over a million jobs – Agri-Impact CEO

    Agrihouse Foundation Engages Women in Yapei Ahead of Boost-to-Bloom Training

    Agrihouse Foundation Engages Women in Yapei Ahead of Boost-to-Bloom Training

    Decentralise FDA, EPA, others to support youth entrepreneurship – Prof. Bawole urges

    Decentralise FDA, EPA, others to support youth entrepreneurship – Prof. Bawole urges

    Reviving Ghana’s poultry sector: Maize, soya and the youth solution

    Reviving Ghana’s poultry sector: Maize, soya and the youth solution

    Olam Agri receives three prestigious awards at Ghana Business League Awards

    Olam Agri receives three prestigious awards at Ghana Business League Awards

    International Cassava Fair (FIMAN) 2025 Slated for 25-27 November 2025

    International Cassava Fair (FIMAN) 2025 Slated for 25-27 November 2025

    Ghana pushes for AGOA renewal, fair trade terms amid Trump’s 10% tariff blow

    Ghana pushes for AGOA renewal, fair trade terms amid Trump’s 10% tariff blow

    ‘Our indigenous cocoa buyers may go extinct’ – COCOBOD CEO warns of LBC collapse

    ‘Our indigenous cocoa buyers may go extinct’ – COCOBOD CEO warns of LBC collapse

    New fisheries law to deal decisively with EU ban – Fisheries Minister

    New fisheries law to deal decisively with EU ban – Fisheries Minister

  • Global Trends
    • All
    • Foreign News
    • News in Africa
    Ghana, Ivory Coast cocoa supply shortage makes chocolate prices soar in UK

    Ghana, Ivory Coast cocoa supply shortage makes chocolate prices soar in UK

    Over 46 Million Hectares at Risk: FAO Urges Action on Arab Land Degradation

    Over 46 Million Hectares at Risk: FAO Urges Action on Arab Land Degradation

    Rainforest Builder unveils Africa’s largest indigenous tree nursery in Ghana

    Rainforest Builder unveils Africa’s largest indigenous tree nursery in Ghana

    Ethiopia Partners with Precision Development to Digitise its Agriculture Sector

    Ethiopia Partners with Precision Development to Digitise its Agriculture Sector

    Sudan to adopt zinc-enriched sorghum to curb micronutrient deficiency and food system stress

    Sudan to adopt zinc-enriched sorghum to curb micronutrient deficiency and food system stress

    FAO and WFP early warning report reveals worsening hunger in 13 hotspots; five with immediate risk of starvation

    FAO and WFP early warning report reveals worsening hunger in 13 hotspots; five with immediate risk of starvation

    Global Food Commodity Output Set to Rise, But Risks Remain — FAO Warns

    Global Food Commodity Output Set to Rise, But Risks Remain — FAO Warns

    South Africa Urged to Strengthen Biosecurity Amid Rising Disease Threats 

    South Africa Urged to Strengthen Biosecurity Amid Rising Disease Threats 

    ICRISAT, RIS Launch New Centre to Boost Agricultural Transformation through South-South Cooperation

    ICRISAT, RIS Launch New Centre to Boost Agricultural Transformation through South-South Cooperation

    • Foreign News
    • News in Africa
  • Agri-Campus
    • All
    • Agri-Courses
    • Campus Trends
    GEPA Impact Hub hosts University of Cape Coast students on Edu tour

    GEPA Impact Hub hosts University of Cape Coast students on Edu tour

    KNUST Researchers uncover Africa’s first smart soil sensor to revolutionize farming

    KNUST Researchers uncover Africa’s first smart soil sensor to revolutionize farming

    All Nations University ventures into agriculture

    All Nations University ventures into agriculture

    97 2025 Yaf Orientation @ D Hub

    Young Agripreneur Forum Holds Orientation for New Members

    International Youth Day Celebration: Youth Urged to Lead Agricultural Transformation to help Eradicate Hunger and Poverty

    International Youth Day Celebration: Youth Urged to Lead Agricultural Transformation to help Eradicate Hunger and Poverty

    World Food Forum (WFF) Ghana Chapter Commemorates International Youth Day with Students of Accra Academy S.H.S   

    World Food Forum (WFF) Ghana Chapter Commemorates International Youth Day with Students of Accra Academy S.H.S  

    African Leaders Urged to Adopt Genetic Editing Technology to Achieve Food Security

    African Leaders Urged to Adopt Genetic Editing Technology to Achieve Food Security

    Agri-Sports Meets Agribusiness: Meet Coach Eric, Guide and Drills Mentor at the 5-day bootcamp

    Agri-Sports Meets Agribusiness: Meet Coach Eric, Guide and Drills Mentor at the 5-day bootcamp

    Meet Participating Schools for the 6th AG-STUD Boot camp 2023

    Meet Participating Schools for the 6th AG-STUD Boot camp 2023

    • Agri-Courses
    • Campus Trends
  • Agro-Market
    • All
    • Sales and Marketing
    Producer price inflation falls sharply to 10.25% in May 2025, lowest since Nov. 2023

    Producer price inflation falls sharply to 10.25% in May 2025, lowest since Nov. 2023

    Olam Agri receives three prestigious awards at Ghana Business League Awards

    Olam Agri receives three prestigious awards at Ghana Business League Awards

    Download (83)

    African economies should adapt to global challenges amid US-China tariff wars

    Randy Abbey 1536x1244 220364456 1 750x375

    New cocoa producer price not yet out – COCOBOD

    Banana 2

    Tariffs put bananas at risk of $250 million price increase

    2908 14103 Cocoa Drives 37 Qoq Surge In Cemac Agricultural Export Prices In Q2 2024 L

    US Tariff to impact Ghana’s Cocoa, Textiles and Agriculture

    Img 1345

    Love, Cocoa, and Innovation: The Sekoe Chocolates and KIC Story

    1 2 (1)

    Gambian Women Entrepreneurs Explore Trade Opportunities in Ghana with GEPA

    074c1f0e B6b8 410b 8677 44d164fbef20 (1)

    NPA Sets Minimum Fuel Prices to Stabilize Petroleum Market

    • Sales and Marketing
  • More
    • Agriwoman Marketplace
    • Events & Shows
    • Editor’s Choice
No Result
View All Result
AgriWatchGH
No Result
View All Result
Home Agro-Market

ADB Records 400% Rise in Profit

AgriWatch by AgriWatch
August 17, 2021
in Agro-Market, National Trends
0
ADB Records 400% Rise in Profit
0
SHARES
173
VIEWS

The Agricultural Development Bank PLC (ADB) has recorded a profit before tax of GH¢65.4 million in 2020, up from the GH¢14.9 million recorded in 2019.

This represented over 400 per cent growth in performance in 2020, occasioning a return on equity and return on assets of 7.69 per cent and 1.14 per cent.

Addressing the 34th annual general meeting (AGM) of the bank in Accra on August 12, its Managing Director (MD), Dr John Kofi Mensah, said the impressive performance was influenced by the bank’s three-year strategic plan.

“We are working with a three-year strategic plan which will end in 2023. Our expectation is that the growth trajectory will continue for a long period,” he said.

Balance sheet

The size of the bank’s balance sheet experienced a significant growth over the year from GH¢4.6 billion in 2019 to GH¢5.7 billion in 2020, an increase of 24 per cent.

This was bolstered in part by the bank’s improved holdings in investment securities in line with its strategic objectives, just as it saw an expansion of 30 per cent in net loan assets from GH¢1.5 billion in 2019 to GH¢1.9 billion in 2019.

The non-performing loan (NPL) portfolio of the bank witnessed significant reduction from 41 per cent in 2019 to 34 per cent in 2020.

The bank’s target is to bring the NPL ratio within industry brackets by 2023. Deposits grew by 26 per cent from GH¢3.4 billion in 2019 to GH¢4.2 billion in 2020.

Capital adequacy ratio

By the end of 2020, the capital adequacy ratio and the Basel Committee inspired capital requirement directive were 16.5 per cent and 14.5 per cent, respectively, both above the minimum regulatory requirement.

Really, an intricate analysis of the financial performance of the bank will show that it improved in each and every sphere; interest income saw a growth of 28 per cent from GH¢419.2 million in 2019 to GH¢628.9 million in 2020 while gross non-interest revenue also increased by 12 per cent to GH¢158.7 million in 2020 compared to GH¢141.8 million in 2019.

In the area of cost savings and management, total operational expenditure was well contained thus finding expression in the overall cost to income ratio of 78.2 per cent at year end, a marked upgrade from 2019 position of 92.2 per cent.

All the relevant indices presented a positive outlook providing basis for the bank climbing up three places from the 20th position to 17th position in the ranking of banks in 2020.

Strategic objective

The MD stated that in line with its strategic objective, the bank had increased its agricultural loan portfolio to 50 per cent of its total loan portfolio.

He said the bank in 2020 deepened its financial intermediation to players in the agricultural value chain.

“To provide ready market for the expected increased farmers’ output under the Planting for Food and Jobs, the bank approved an amount of GH¢70 million as working capital to the National Food Buffer Stock Company Limited (NAFCO) to buy off excess produce for storage as buffer stock,” he said.

 

Previous Post

Pig Industry Scholarship for UK Agri-Students Now Open

Next Post

Post-harvest-losses Erode Successes of PFJ – Esoko

Next Post
‘Gold in the Soil Award’ Nominees Highlight Positive Impacts of Communal Farmer Groups Ahead of 3rd WOFAGRIC, Tomorrow

Post-harvest-losses Erode Successes of PFJ – Esoko

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • Editor’s Choice
  • Contact Us

© 2025 Agriwatch - A subsidiary of Agrihouse Communication

No Result
View All Result
  • Agrihouse Trends
    • Agri-Influencer
    • Agri-Woman
    • Weekly Articles
  • National Trends
    • Crops
    • Fertilizer
    • Livestock
    • Machinery
    • Technology
  • Regional Trends
  • Global Trends
    • Foreign News
    • News in Africa
  • Agri-Campus
    • Agri-Courses
    • Campus Trends
  • Agro-Market
    • Sales and Marketing
  • More
    • Agriwoman Marketplace
    • Events & Shows
    • Editor’s Choice

© 2025 Agriwatch - A subsidiary of Agrihouse Communication