Agricultural Development Bank marks 59th anniversary
Summary
Agricultural Development Bank celebrates its 59th anniversary with strong deposit growth and loan disbursement focusing on agriculture and rural banking expansion, also launching digital services and support facilities.
Key Points
- Agricultural Development Bank's total deposits reached Rs 324.97 billion by the second quarter of fiscal year 2025/26.
- Total loan disbursement was Rs 230.27 billion, with non-performing loans at 4.52 percent.
- The Bank holds 51% government ownership and focuses on agricultural loans and rural banking expansion.
- The Bank launched 'One Minute Business Plan' software for small farmers and inaugurated a Child Care room at its central office.