ADB Bank PLC

What ADB Bank PLC does

ADB Bank PLC (Agricultural Development Bank, trading as Agric Bank) is a publicly listed Ghanaian universal bank headquartered in Accra, with a statutory mandate to finance the agricultural sector while serving broader retail, corporate, and trade finance markets. The bank operates 89 networked branch and ATM locations across Ghana and serves primary segments including agribusiness (farmers, cooperatives, agro-processors), business banking (MSMEs, corporates, parastatals, churches, schools), and trade and treasury services (importers, exporters, investors), plus a retail banking segment for individuals, salaried workers, pensioners, and students. Its product architecture spans agribusiness lending (crop production, nucleus outgrower, broiler outgrower, soybean value chain, cooperative group loans), corporate credit (margin loans, overdrafts, term loans), trade finance (letters of credit, bid bonds, performance bonds, pre/post-shipment finance), asset finance (Agri-Lease, Equi-Lease, Fleet Finance), consumer finance (Pay Day Plus, pension loans, executive loans), and an extensive specialized retail account suite (Collabo, CollaSave, Home Link for diaspora, Mmofra children's savings, Forex Current Account).

The bank's technology stack is centered on digital banking channels — mobile banking app, internet banking, USSD, POS terminals, GHQR, QUICPAY, Visa Contactless Debit, Visa Prepaid, GHLink, E-Zwich biometric, and a bulk payment system — and an internally developed paperless digital onboarding platform deployed at events. ADB has integrated into national and regional payment infrastructure through partnerships with PAPSS for cross-border settlement across five West African countries, Onafriq for card-to-wallet interoperability with Ghana's 68 million mobile money accounts, and UnityLink for money transfer. No proprietary AI/ML capabilities are evidenced.

Revenue is generated primarily through interest income on loans and advances and on customer deposit balances, supplemented by fee and commission income from electronic banking, trade services, treasury, and account maintenance. Pricing is not publicly disclosed by product line; the bank reports competitive interest rates and publishes forex exchange rates. Go-to-market combines a traditional branch-based sales model with field relationship managers, a call centre, event-driven direct acquisition (Kwahu Business Forum, National Farmers' Day, trade seminars), and digital self-service. The bank sells primarily through direct sales and inside sales channels, with ecosystem partnerships (PAPSS, Onafriq, Agrihouse Foundation, Channel One TV) extending distribution reach.

Name

ADB Bank PLC

Legal name

Agricultural Development Bank Ghana Limited

Website

https://agricbank.com

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

ADB Bank PLC is a publicly listed Ghanaian universal bank providing agricultural, corporate, retail, and trade finance services through 89 branches, serving farmers, MSMEs, corporates, and individuals across Ghana.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Agricultural & Rural Development Banks (FSABAKAE)

Keywords

• Retail banking services
• Agricultural finance
• Trade finance
• Consumer lending
• Corporate banking

Headquarters

HQ city

Accra

HQ country

Ghana

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income (Loans and Advances): ADB earns interest income from its loan portfolio including agribusiness loans, consumer finance, business banking credit facilities, fleet finance, and trade finance. This is the primary revenue stream. The bank offers term loans, overdrafts, margin loans, temporary facilities, and asset-backed lending.
2. Interest Income (Customer Deposits): The bank generates income from размещение of customer deposits (current accounts, savings accounts, call accounts, fixed deposits in local and foreign currencies) and investment securities.
3. Fee and Commission Income: ADB earns fees from electronic banking services (mobile banking, internet banking, transaction alerts, card management), trade services (letters of credit, guarantees/bonds, collections), treasury services, account maintenance, and bulk payment processing.
4. Trade Finance Services: Revenue from documentary credits, trade finance loans, pre and post shipment finance, guarantees (bid bonds, performance bonds, advance mobilisation guarantees), and foreign exchange transactions.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

ADB Bank PLC (Agricultural Development Bank) is a Ghanaian universal bank providing credit and financial services to develop the agricultural sector alongside retail and corporate banking. It delivers specialized agribusiness financing, trade finance, asset finance, consumer loans, deposit accounts, electronic banking, and insurance products through 89 networked branches and digital channels across Ghana.

Product overview

ADB Bank PLC (Agric Bank) operates as a universal bank providing a comprehensive portfolio of financial products and services across Ghana. The bank serves diverse customer segments including farmers, cooperatives, agro-processors, MSMEs, corporates, and individuals. The product architecture consists of core banking divisions: Agribusiness (specialized agricultural financing), Business/Corporate Banking (credit facilities), Treasury & Trade Services (trade finance, guarantees, documentary credits), Asset Finance (equipment and fleet financing), Consumer Finance (personal loans), Retail Banking (deposit accounts), Electronic Banking (digital channels), and Insurance Products. Digital banking services include mobile and internet banking, Visa cards, POS terminals, Mobile Money integration, GHQR payments, and QUICPAY. The bank also offers specialized group accounts (Collabo Account, CollaSave, Mmofra Account for children, Home Link Account for diasporas) and maintains 89 networked locations across Ghana.

Differentiator

Problem solved

Functional benefit

Products and services

• Agribusiness Financing Specialized financial products and services for farmers, cooperatives, agro-processors and agribusiness value chains, including crop production, poultry, livestock, aquaculture, and nucleus outgrower schemes.
• Corporate Credit Facilities Business financing facilities including margin loans, overdrafts, temporary facilities, and term loans for project and construction purposes.
• Treasury & Trade Services Trade finance and treasury products including guarantees (bid bond, performance bond, payment guarantee), documentary credits (letters of credit, standby LC), and trade finance loans for importers and exporters.
• Asset Finance Equipment and asset financing solutions including Agri-Lease for agricultural equipment, Equi-Lease for general equipment, Fleet Finance for vehicles, and Finance Lease for used vehicles.
• Consumer Finance Personal lending products including Pay Day Plus loans, Personal Loans, Quick Purchase loans, Controller loans, Pension loans, Managed Personal loans, and Executive Personal loans for various customer segments.
• Retail Banking Accounts Personal and traditional banking services including current accounts, savings accounts, salary accounts, student save accounts, call accounts, fixed deposits, and executive banking (Executive Gold and Executive Platinum tiers).
• Electronic Banking Digital banking channels including mobile banking app, internet banking, transaction alerts, Visa contactless debit and prepaid cards, POS terminals, GHLink and E-Zwich cards, Mobile Money integration, Bulk Payment, QUICPAY, and GHQR.
• Insurance Products Insurance offerings including Motor Insurance and Abusua Anidaso (life/death insurance product).
• PAPSS Cross-Border Payments Real-time cross-border payment settlement across African countries using local currencies, eliminating currency conversions and reducing transaction fees.
• Digital Customer Onboarding Platform Paperless digital onboarding platform enabling instant account opening and Visa Prepaid Card activation at branches and events.

Quantifiable outcome

• 154% year-on-year profit growth in Q3 2025, with pre-tax profit of GH¢447.49 million
• +5 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Zonda Tec Ghana LimitedminorGTM or Marketing Partner · 13 August 2026ADB provides financing options for vehicles showcased at the Auto Sale and Expo 2026, a partnership between Zonda Tec Ghana Limited and Channel One TV. The event in Accra showcased locally assembled vehicles with ADB financing solutions integrated into the offering, making new vehicles more accessible to consumers.
• Pan-African Payment and Settlement System (PAPSS)coreTechnology or Integration · 23 April 2025ADB joined PAPSS to facilitate real-time cross-border payments among African countries (Guinea, Gambia, Liberia, Sierra Leone, Nigeria) using local currencies. This eliminates currency conversions and reduces transaction fees, supporting the African Continental Free Trade Area (AfCFTA) agenda. The service is available at all ADB branches and enables businesses and individuals to send money across Africa seamlessly.
• OnafriqcoreTechnology or Integration · 1 January 2025Onafriq (Africa's largest digital payments network) partnered with ADB to enable card-to-wallet transfers in Ghana, allowing users to move funds between prepaid cards and mobile money wallets. The feature is enabled through Onafriq's 2023 acquisition of Global Technology Partners, which provided card interoperability. This partnership advances financial inclusion across local and global digital ecosystems.
• Agrihouse FoundationminorGTM or Marketing Partner · 1 January 2025ADB sponsors the AG-STUD Boot Camp organized by Agrihouse Foundation, which brings together agricultural students from institutions nationwide to connect with industry leaders and foster entrepreneurial growth. The bank supports the program through financing, capacity-building, and internship opportunities for young agripreneurs.
• Channel One TVminorGTM or Marketing PartnerChannel One TV partnered with Zonda Tec Ghana Limited and ADB for the Auto Sale and Expo 2026, an event showcasing locally assembled vehicles and financing options. ADB provides financing solutions while Channel One TV provides media coverage and event platform.

Scale indicators13 records

Recent moves6 records

Expansion highlights8 records

Direct peers

• CalBank PLC: CalBank is a mid-tier Ghanaian universal bank serving retail, SME, and corporate customers with a focus on trade finance and treasury services. Its product mix and customer segments overlap meaningfully with ADB's business banking and trade finance divisions.
• GCB Bank PLC: GCB Bank is Ghana's state-owned universal commercial bank, the largest by branch network and deposits. It is the closest direct peer to ADB given its state ownership, domestic focus, and full-service retail, corporate, and trade finance offerings across Ghana.
• Consolidated Bank Ghana (CBG): CBG is another Ghanaian state-owned commercial bank that was recapitalized in July 2025 together with ADB. It serves similar corporate, SME, and retail customers and provides a useful read-across on the post-recap trajectory of Ghanaian state-owned banks.
• National Investment Bank (NIB) Ghana: NIB is a Ghanaian state-owned development bank recapitalized in July 2025 alongside ADB. Both institutions serve overlapping SME, corporate, and policy-driven mandates in Ghana, and both went through government-led restructurings in parallel.
• Fidelity Bank Ghana: Fidelity Bank Ghana is a leading Ghanaian universal bank with strong retail, digital, and SME banking capabilities. It targets many of the same MSME, retail, and consumer finance customers as ADB and competes directly for digital-first account acquisition.
• Republic Bank (formerly HFC Bank Ghana): Republic Bank Ghana (formerly HFC Bank) is a mid-tier universal bank serving retail and SME customers with mortgage and consumer finance strengths. Its focus on personal banking and MSME lending parallels ADB's retail and agribusiness segments.

Broad incumbents

• Ecobank Ghana: Ecobank Ghana is the largest pan-African banking group operating in Ghana, with a full retail, corporate, and trade finance offering. It is a broader incumbent competitor to ADB across all major product lines, including the agribusiness and trade finance segments where ADB has historically specialized.
• Absa Bank Ghana: Absa Bank Ghana is a universal bank with strong retail, SME, and corporate banking capabilities. It is comparable as a full-service competitor with deeper digital infrastructure and stronger brand among urban professionals.
• StanChart Ghana (Standard Chartered Bank Ghana): Standard Chartered Ghana is a Tier 1 universal bank with strong corporate, trade finance, and digital capabilities. It competes for the same large-corporate, importer/exporter, and premium retail customers that ADB targets in trade services and treasury.

Peers

• Africa Development Bank (AfDB):

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/adb_ghana

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ADB Bank PLC