The government has announced plans to recapitalise the Agricultural Development Bank (ADB) following what has been described as the Bank’s most impressive financial performance in decades. The disclosure was made by the Minister for Finance, Dr. Cassiel Ato Forson, during the presentation of the 2026 Budget Statement to Parliament on Thursday, November 13, 2025. The recapitalisation directive is captured in page 145, item 1191 of the budget.
The decision comes at a time when ADB is recording historic financial gains. The Bank posted a pre-tax profit of GH¢447 million for the third quarter of 2025 more than double the GH¢176 million recorded in the same period in 2024. Profit after tax surged to GH¢288 million, while total operating income climbed to GH¢1.71 billion, buoyed by solid growth in both interest and non-interest income. ADB’s liquidity ratio also remains comfortably above regulatory thresholds, ensuring what the Bank describes as “easy access to funds and other banking transactions at any time by our customers.”
Industry watchers say the numbers are a strong signal of a bank on a renewed growth path, making government’s planned capital injection timely, strategic, and catalytic.
Reacting to the announcement, the Managing Director of ADB PLC, Edward Ato Sarpong, expressed profound gratitude to the Bank’s shareholders, especially the government, for the confidence shown. He described the recapitalisation as “a strong vote of confidence in the institution’s resilience, performance and national mandate.” He added that, “ADB is on the verge of achieving a historic financial milestone, in terms of performance, and the planned recapitalisation provides a fresh momentum for the Bank to expand its operations and deepen support for national development.”
The MD further assured stakeholders of ADB’s unwavering commitment to consolidate its gains in the short term and accelerate growth over the medium to long term. He emphasised the resolve of the Bank’s leadership: “the steadfast determination of the Board, Management, and Staff to make the Bank (ADB PLC) great and among the top 3 leading and performing banks in Ghana.”
Celebrating six decades of service, ADB believes that the combination of strong underlying performance and renewed shareholder support will position the Bank to play an even greater developmental role. This vision is captured in its brand promise, Beyond Banking, which underscores its mission to deliver measurable impact in Ghana’s agricultural and broader economic sectors.
Some industry analysts credit ADB’s turnaround to disciplined execution of its transformation strategy and significant improvements in operational efficiency, which they say have boosted customer confidence and strengthened the Bank’s overall strategic direction.
With government’s recapitalisation decision now on the table, ADB appears firmly positioned to strengthen its balance sheet, expand its reach, and reinforce its role as a key pillar in the country’s development agenda.
