Agricultural Development Bank (ADB) was set up by an Act of
Parliament in 1965 to promote and modernize the agricultural sector through
appropriate but profitable financial inter-mediation.
The Bank accordingly supports improved technology adoption, marketing and
processing activities, equity participation in innovative ventures and
activities which impact positively on the agricultural sector.
It must be stated that the Act does not limit the Bank's operations to
the agricultural sector. However,it allows for a balance in the
distribution of its loanable funds between the agricultural sector and the rest
of the economy.
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