The Agricultural Development Bank (ADB) has told Citi Business News it will be launching its Initial Public Offer (IPO) before the Christmas holidays.
According to the bank, all is set for the commencement of the IPO.
[contextly_sidebar id=”NgoKNv1lowx5VnadPVf148vYKH9KZnJ3″]Several attempts to go ahead with this decision had been unsuccessful due to some constraints such as court injunctions and other procedural constraints.
Communications and Marketing manager of ADB, Solomon Adu Atefoe had earlier indicated that the launch will be done by the end of November 2015.
Though the bank is now ready to go ahead, Solomon Adu Atefoe tells Citi Business News it is yet to settle on a definite date to launch the IPO.
“All is set for the IPO to come on board once again hopefully before Christmas our customers and stakeholders should have the opportunity to be part of the best growing bank in the country we are actually at the finalization stage of re-opening it (IPO),” he said.
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By: Pius Amihere Eduku/citifmonline.com/Ghana