05 Mar 2020
achieved an overall score of 81% and obtained an A rating at the 9th
Peer Review of the Association of African Development Finance Institutions
(AADFI). A total of 38 development finance institutions submitted their
externally audited prudential ratings for assessment on standards of
governance, financial prudence and operations.
Agribank was classified as Best Performing African Development Finance Institution (DFI) with a rating of A and will be presented with the prestigious award for 2019 at the General Assembly of the AADFI in Abidjan, Ivory Coast later this year.
AADFI Chairman Thabo Thamane, congratulated the Agribank Board, Management and staff for the record performance and urged the Bank “not to relent in its efforts to entrench best practices in its operations”. Thamane added that the Bank should “continue to sustain its development financing mandate.”
On his part, Agribank chief executive officer, Sakaria Nghikembua, expressed delight at the achievement, noting that the bank has embedded good practices in governance, as well as in financial and operational management. “We will continue to implement these practices to ensure that the bank is not only sustainable, but that it delivers on its core mandate of economic upliftment and contributing towards food security at both the household and national levels.”
Manager: Marketing and Communication
For enquiries, kindly contact the Marketing and Communication Division at:
Tel.: 061 2074332
Fax: 061 2074206
Loans are granted against security of fixed property, investment or any other acceptable form of security (fixed deposits, investments and surrendering value of policies). read more
No, Agribank is not a commercial bank. read more
Yes, Agribank can assist you to start farming. read more