Agricultural Development Bank (ADB) in April this year secured Cabinet’s approval to list on the Ghana Stock Exchange.
In the past, the bank’s plan to go public was hindered because it was unable to obtain approval from government.
The consent of its biggest shareholder, Bank of Ghana, had however been secured.
Managing Director, Kofi Yamoah says ADB’s listing would go a long to bring about some excitement on the market.
He adds that stock market is still the best avenue for raising long term finance.
If ADB’s plan materializes this year, it would join other government institutions like GOIL, GCB and SIC that have listed on the Ghana Stock Exchange.