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ADB opens Takoradi Industry Circle branch

Typically the Paramount Chief regarding Essikado Traditional Place, Nana Kobina Nketsia V, has needed increased investments inside agriculture to improve productivity with the industry. He said assets in machinery as well as other kinds of technology would likely mechanise the operate with the sector and even substantially increase player productivity. “We can not call ourselves a new nation if many of us cannot cultivate typically the arable land and even feed ourselves, ” Nana Nketsia mentioned at the beginning of the 87th subset of typically the Agricultural Development Traditional bank PLC inside the Takoradi key business section.

Nana Nketsia mentioned activities of maqui berry farmers and the the fishing industry sector remained one among the main areas of which required the necessary financial support, including that “let the particular farmer and the particular fisherman remain within focus”. He, consequently, welcomed the growth of ADB in order to the CBD, including that due in order to the large factor of the casual sector to the particular economy, the organization of the specialised financial institution to supply credit plus other banking services to the farming sector as nicely as support some other players within the worth chain, like investors, was an essential support.

“As the people’s bank, harnessing the particular transformational benefits associated with agribusiness for prosperity creation, I desire you to create your finance very easily accessible to the particular charcoal, tomato plus okro sellers plus other traders in the marketplace in order to allow them in order to come closer in order to do business along with you, ” Tata Nketsia said.

The particular Essikado paramount main also urged ADB to stay a solid customer-centric bank within providing lucrative plus diversified finance with regard to many sectors from the economy, especially farming development.

Feeding ourself

The Managing Movie director of ADB PLC, Dr John Kofi Mensah, said because its inception within the region, almost three decades back, the financial institution had founded branches at Agona Nkwanta, Takoradi Harbor, GREL Apimanim, along with the fourth 1 at Market Group branch within the Traditional western Region.

The department, he said, has been a testament that this individuals in the particular Western Region patronised ADB’s services, therefore the advantages associated with more branches. “It is part associated with our aggressive part expansion drive to be able to increase our part network places to be able to 100 inside the local future, ” typically the managing director mentioned. “Looking on the craze, particularly in any way groups, there is typically the want to get closer to be able to small and method enterprises (SMEs) and even support the gardening value chain organizations for value maximisation for wealth and even job creation, ” he said.

Doctor Mensah said the newest branch was typically the response to heeding typically the clarion call by simply customers within Industry Circle and their environs for ADB to open a new branch in typically the CBD.


Doctor Mensah said typically the branch was ready to meet typically the needs of a lot of customers as typically the team opened their doors for even more customers to wide open accounts with ADB to do enterprise and luxuriate in its exclusive products that this traditional bank strategically self-assured to be able to provide. “We continue to be the only traditional bank in the land with typically the utmost commitment to the agribusiness industry and this many of us have plainly sent, ” he mentioned.

The managing representative enumerated some help the bank acquired given to various other sectors such while supporting the Ministry of Fisheries and even Aquaculture Development to get 1, 300 outboard motors to the sportfishing industry and GH¢100 million to the government's one-district, one-factory (1DIF) initiative. Dr Mensah gave a assurance that ADB would likely remain committed to be able to the agricultural industry.


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