Accounting

CHAPTER ONE Abstract The main focus of the study is primarily to look at critical analysis of the operation of ADB: i.e. whether the bank has achieved its purpose of organic law and constraints faced by the bank towards the agricultural industry. The entropy was collected from both primary and secondary sources. The data from primary sources came from interviews and questionnaires whereas data from secondary sources was taken from articles, magazines, financial reports and published journals. It is skilfuly completed by the findings that the bank has achieved its purpose of establishment as hale as the banks assistance to the general public resulting in an increased productivity and growth in the economy. The researches revealed that pedestal in the rural argonas have not being achieved to some(prenominal) greater extent. Finally, recommendations and suggestions have been made by the researcher to change upon the operations of the bank and other institutions of the same purpose. 1.0Background of the study Banks are body cooperates issued with license for the purpose of banking and banking business. There are some(prenominal) banks in Ghana. One of the ways these banks are classified is consort to their areas of operation.

By this, the banks could be classified into commercial, development, merchant and rural banks depending on their areas of operation. Agricultural Development Bank - ADB - was set up with an stand for of Parliament (Act 286) in 1965 to promote and modernize the agricultural area through appropriate but profitable financial intermediation. The carry over of the Agricultural Credit and Co-operative Bank as it was then called was broadened in 1970. Initially the function of the bank was to give agricultural assurance to farmers. It was however broadened to include the operations of the savings and current account. The move up of a development bank is very more in line with international thinking now as governments of many countries attempt to accelerate... If you want to get a full essay, order it on our website: Ordercustompaper.com

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