By | January 20, 2023

About Agriculture Bank Account In Ghana

Agricultural Development Bank of Ghana, commonly known as Agricultural Development Bank or ADB, is a government-owned development and commercial bank in Ghana. The bank is the first development finance institution established by the Government of Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator.

ADB was established in 1965, by Act of Parliament to meet the banking needs of the Ghanaian agricultural sector in a profitable manner. Before its current name, the bank was known as the Agricultural Credit and Co-operative Bank. The bank changed its name in 1970, when the parliamentary statute was amended to grant the institution full commercial banking powers.

The Bank is a large development and commercial bank. As of April 2010, ADB was the leading financial institution in agricultural financing in Ghana, responsible for 35% of the total bank industry financing of agriculture.[4] In September 2010, the bank was recognized as Bank Of The Year at the Africa Investor Agribusiness Awards, in Durban, South Africa, the first institution so recognised, at this annual event.[5] The total assets of the institution at the end of December 2011 were valued at approximately US$683.6 million (GHS:1.21 billion

Types Of Agricultura Development (ADB)Account In Ghana

Agricultura Development (ADB) are operating the following account:

  • Current Account Service
  • Savings Deposit Account Service
  • Salary Account Service
  • Student Save Account
  • Mmofra Account

Requirements To Open Agricultura Development (ADB) Bank Account In Ghana

To open a bank account with Access Bank in Ghana a customer needs to bring along the following document at any of our branch in person. This document include:

  • One passport picture
  • Valid national ID card
  • Proof of residence/visitation report
  • Residence/work permit (for non-Ghanaians)
  • Fully completed account pack form

Charges Involved In Opening Agricultura Development Bank Account In Ghana

At Agricultura Development (ADB) Bank, the bank does not charge her client for opening of bank accounts with them. But after processing of the opening of the bank account is completed, the customer is expected to deposit a minimum balance in the account he/she created. This minimum amount ranges from GHC 20 to GHC 200 depending on the account.

How To Open A Bank Account With Agricultura Development (ADB) In Ghana Walk into any branch of Access Bank Ghana with document listed above like utility bills, passport photo Ghana Card Id and talk to the customer service that you want to open an account. The customer service personnel will then refer you to the designated bank official to help you open an account of choice.

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