Audio By Carbonatix
The Agricultural Development Bank Limited (ADB) has been adjudged the Best Cocoa Financing Institution at the maiden Ghana Cocoa Awards (GCA).
The award was in recognition of the Bank’s contribution as a pioneer in financing the cocoa sector and also taking banking closer to Cocoa Farmers across the country.
At the awards held at the Movenpick Ambassador Hotel in Accra, thirty-six institutions and individuals were recognized and celebrated for their contribution to the cocoa industry.
The Deputy Managing Director of ADB, Alhassan Yakubu-Tali said the award was a demonstration of the Bank’s continuous support to the cocoa sector and will continue to grant cocoa farmers with loan facilities to help them increase production and ensure high-quality yields.
“We dedicate this award to our hardworking Cocoa Farmers and Customers within the Cocoa Value Chain who have done business with us for the past decades,” he said.
He disclosed that the Bank will continue to develop products and services aimed at increasing productivity and improving the livelihoods of cocoa farmers across the country.
“ADB will continue to finance cocoa, by providing financial assistance to Licensed Buying Companies (LBC) engaged in the purchase of the cash crop and that will also translate into support for farmers.”
Mr Yakubu-Tali lauded the organizers of the GCA, saying the awards scheme was relevant in recognizing the hardworking actors and heroes of Ghana’s economic backbone and appreciating their contribution to the economy and national development.
This recognition comes after the Bank won three other industry awards namely the Premium Quality Ghanaian Bank at the Ghana Business Quality and Pride Awards, the Outstanding Contribution to the Economy Award at the Ghana Business Awards and was also ranked 96th at the 18th edition of the Ghana Club 100 awards.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Dutch authorities enlist Ghana in hunt for fugitive drug lord Bolle Jos
4 minutes -
Ghana housing finance conference adopts communiqué to improve affordable housing access
4 hours -
Special Initiatives Minister urges Wa Technical Institute to enrol more girls as EU-backed solar training lab opens
5 hours -
In the matter of my first year at the Bar
5 hours -
ActionAid Ghana calls for an end to child marriage, greater investment in girls’ rights
5 hours -
Newsfile to tackle World Cup visa scandal, beach demolitions, education strikes, BRICS bid
6 hours -
UK-Ghana Trade & Investment Summit: Trade Resource Centre to help businesses maximise UK-Ghana trade opportunities
6 hours -
Embassy of Denmark celebrates World Maritime Day
6 hours -
Linking LEAP to productive inclusion could cut extreme poverty by 2030 – UNICEF
7 hours -
Trade Ministry backs use of creative arts to rehabilitate prison inmates
7 hours -
Negotiations with government to continue despite strike suspension – GNAT
7 hours -
‘Ghana cannot afford to waste public resources; every cedi has a job’ – Ato Forson
7 hours -
Ghana expects economic boost as World Assemblies of God Congress brings 10,000 delegates to Accra
7 hours -
Joy in Nayilifong as Farouk Aliu Mahama donates 100kVA transformer to improve power supply
8 hours -
Chief Justice urges employers to tackle mental health stigma in workplaces
8 hours