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The Bank is a large development and commercial bank. As of April 2010 [update] , ADB was the leading financial institution in agricultural financing in Ghana, responsible for 35% of the total bank industry financing of agriculture. [ 7 ]
Hence, rural finance is the principal operational area of ADBL. It has also been executing Small Farmer Development Program (SFDP), the major poverty alleviation program launched in the country. Furthermore, the bank has also been involved in commercial banking operations since 1984. [citation needed]
The credit flow to agriculture activities sanctioned by NABARD reached Rs 1,57,480 crore in 2005–2006. [citation needed] Through assistance of the Swiss Agency for Development and Cooperation, NABARD set up the Rural Innovation Fund. The Rural Infrastructure Development Fund (RIDF) is another noted scheme for the bank for rural development. [31]
Agricultural Development Bank refers to a number of different institutions, including: Agricultural Development Bank of Pakistan, also known as Zarai Taraqiati Bank; Agricultural Development Bank of Trinidad and Tobago; Agricultural Development Bank of Ghana; Agricultural Development Bank of Nepal
Bank Name Headquarter Paid-up capital Branches & Extension Counters Website Agriculture Development Bank: Ramshahpath, Kathmandu रु 18.88 Arab: 299: Nepal Bank
Agricultural Development Bank of Zimbabwe was established as a commercial bank in 1999, according to the website of the Reserve Bank of Zimbabwe. Before that it was known as Agricultural Finance Corporation, which was formerly known as Land and Agricultural Bank, an institution that was established in 1925. In 2003, Agribank transformed into an ...
The first Land Development Bank was started at Jhang in Punjab in 1920. However, real progress began when the land development bank was established in Chennai in 1929. [2] Not only that, land banks, land mortgage banks, agriculture banks, agriculture development banks are now called land development banks in modern world.
The Agricultural Development Bank of Trinidad and Tobago is a development finance institution which provides financial services to the agricultural sector of Trinidad and Tobago and the Caribbean. The bank was founded in 1968 by the government of Trinidad and Tobago to replace the colonial-era Agricultural Credit Bank that preceded it. [1] [2]