The Managing Director of the Agricultural Development Bank (ADB) PLC, Edward Ato Sarpong, has announced the Bank’s renewed commitment to strengthening its core mandate as the premier institution for agribusiness financing in Ghana.

He also reaffirmed ADB’s intention to take a leading role in providing financial intermediation for micro, small, and medium enterprises (MSMEs).

Speaking at the Kwahu Business Forum on Saturday, April 19, 2025, Ato Sarpong outlined a new strategic direction for the Bank aimed at positioning ADB as the foremost enabler of MSME success in Ghana.

He emphasised the vital role MSMEs play in job creation, poverty alleviation, 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,” he said.

He revealed that the Bank will soon launch a nationwide MSME Support Program designed to promote capacity building, digital inclusion, and flexible credit schemes, with a strong focus on women- and youth-led enterprises.

Ato Sarpong also highlighted ADB’s ongoing collaborations with regulatory bodies, trade associations, and development partners to build a sustainable ecosystem where MSMEs can scale and succeed.

The Bank’s new strategic direction has been met with enthusiasm and commendation from the business community, particularly within the MSME sector.

At the Kwahu Business Forum, ADB also showcased its use of technology to enhance customer experience. As part of its next steps, the Bank is in the process of selecting promising MSMEs that participated in the forum to offer them tailored financial services to support their growth and expansion.

ADB PLC remains one of Ghana’s largest universal banks, offering a wide range of services across multiple segments including agribusiness, corporate banking, asset finance, electronic banking, global remittances, institutional and public sector banking, and trade services.

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