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ADB posts GH¢81.6m profit in 2021

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The Agricultural Development Bank PLC (ADB) has recorded a profit after tax of GH¢81.6 million in 2021, up from the GH¢65.4 million the bank posted in 2020. This represents over 24.8 per cent growth, leading a return on equity and return on assets of 12.09 per cent and 1.81 per cent respectively. Addressing the 35th annual general meeting (AGM) of the bank in Accra on August 10, Chairman of the Board of Directors, Daasebre Akuamoah Agyapong II, said the bank was more profitable, although the economy was yet to fully recover from the coronavirus (COVID-19) pandemic. “Esteemed shareholders, I am...
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