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Business

ADB to strengthen Core Mandate, Lead MSME Financial Intermediation in Ghana – MD

Ekow Annan By Ekow Annan Published April 30, 2025
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The Managing Director of the Agricultural Development Bank (ADB) PLC, Edward Ato Sarpong, has revealed that the Bank will strengthen its core mandate as the bank of choice for agribusiness financing. He also reaffirmed ADB PLC’s commitment to leading financial intermediation for micro, small, and medium enterprises (MSMEs) in Ghana.

Addressing the media at the Kwahu Business Forum held on Saturday, April 19, 2025, Edward Ato Sarpong indicated that, as part of a new strategic direction, ADB is being strengthened to become the foremost enabler of MSME success in Ghana, highlighting the sector’s critical role in job creation, poverty reduction, and national development.

“As a strategic bank brand, we recognize the indispensable role MSMEs play in driving economic growth. ADB PLC is taking bold steps to expand access to tailored financing, technical support, and business advisory services to help entrepreneurs thrive,” Ato Sarpong stated.

He further disclosed that the Bank will soon roll out a nationwide MSME Support Program focused on capacity building, digital inclusion, and flexible credit schemes, with particular attention to women- and youth-led enterprises.

The MD also emphasized the Bank’s ongoing collaboration with regulatory agencies, trade associations, and development partners to create an ecosystem where micro, small, and medium enterprises can scale up and grow sustainably.

The new vision and strategic direction have since received commendations and generated excitement among the business community, particularly within the MSME sector.

The Agricultural Development Bank (ADB) leveraged technology to create an exceptional customer experience at the Kwahu Business Forum.

The Bank is in the process of selecting strategic and potentially viable micro, small, and medium enterprises (MSMEs) that participated in the Forum to provide them with tailor-made financial services to help them expand and grow.

ADB is one of the largest universal banks in Ghana. The Bank provides diversified service offerings across all segments, including agribusiness, asset finance, corporate banking, electronic banking, global remittance services, institutional and public sector banking, trade services, and more.

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TAGGED:Edward Ato SarpongManaging Director of the Agricultural Development Bank (ADB) PLC
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