ADB customer deposits grew by 19.5% to GH¢15.36 billion in the nine months to September 2026, giving the bank a larger funding base while it cut interest expenses by more than GH¢200 million.
Deposits increased from GH¢12.85 billion in September 2025, representing an additional GH¢2.51 billion mobilised from customers over the period.
At the same time, interest expenses fell by 36.1% to GH¢361.3 million from GH¢565.4 million, a reduction of roughly GH¢204 million.
Deputy Managing Director in charge of Services, Prof. Ferdinand Ahiakpor, said the combination of deposit growth and lower funding costs was significant for the bank.
“The reduction in interest expenses, alongside the growth in customer deposits, is an important development for the Bank,” he said.
He said management would continue focusing on funding efficiency, capital buffers and long-term financial sustainability.
Customer Confidence Drives Funding Growth
The expansion in deposits came as ADB’s total assets rose to GH¢20.28 billion, up from GH¢16.22 billion a year earlier.
Deputy Managing Director in charge of Operations, Sylvia Naa Kwakai Nyante, linked the growth in deposits to customer confidence and improved service delivery.
“Our customers are at the heart of ADB’s transformation journey,” she said.
“The significant growth in customer deposits reinforces the importance of building lasting relationships through dependable banking services, operational excellence and consistent customer engagement.” - Sylvia Naa Kwakai Nyante
Mrs Nyante said the bank would continue investing in digital transformation, service improvements and operational systems as it works to remain competitive.
Lower Funding Costs Support Profitability
The improvement in deposits came without a corresponding rise in interest expenses, giving ADB some relief on its funding costs.
That supported a broader improvement in earnings, with profit before tax rising to GH¢478.5 million from GH¢447.5 million and profit after tax increasing to GH¢301.7 million.
The bank’s liquidity ratio also rose to 145.83% from 130%, while its capital adequacy ratio increased to 27.41%.
Prof. Ahiakpor said stronger capital and liquidity buffers were central to the bank’s ability to protect stakeholder interests and support business growth.
ADB’s figures still show areas requiring attention. Its non-performing loan ratio, although down from 70.13%, remained elevated at 66.32% at the end of September.
Management says the next phase of the bank’s strategy will combine deposit mobilisation, stronger risk management and improved customer service with its traditional mandate to support agriculture and agribusiness.
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