Kintampo Rural Bank scales up agribusiness financing…..commits GH¢52,000 to 2025 Farmers’ Day support

 

Kintampo Rural Bank PLC in the Bono East Region, has reinforced its commitment to boosting agricultural financing as part of a broader strategy to enhance food security, strengthen rural livelihoods and promote sustainable development across its catchment areas.

As part of this commitment, the bank allocated GH¢52,000 to support the 2025 National Farmers’ Day celebrations across its six operational districts—Kintampo North, Kintampo South, Techiman North, Techiman South in the Bono East Region, and Central Gonja and West Gonja in the Savannah Region.

The funds were used to procure prizes—including knapsack sprayers, deep freezers, wellington boots, cutlasses, fertilizers and soaps—which were presented to female award winners across the participating districts. The Chief Executive Officer of the Bank, Martin Mensah, observed that supporting rural farmers, particularly women, is an essential component of its inclusive agribusiness agenda.

Over the years, Kintampo Rural Bank has become a key financial driver within major agricultural value chains across the middle belt. The bank provides financing support to actors in maize, soybean, cashew, mango, groundnut, cowpea, and vegetable value chains, contributing significantly to increased production and farm-level resilience.

Kintampo Rural Bank remains a key source of financing for actors across several agricultural value chains, including maize, soybeans, cashew, mango, groundnuts, cowpea, and vegetables reflecting its growing focus on commercial agriculture and rural-based enterprise development.

It is a key source of financing for actors across several agricultural value chains, including maize, soybeans, cashew, mango, groundnuts, cowpea, and vegetables reflecting its growing focus on commercial agriculture and rural-based enterprise development.

Its agricultural lending portfolio continues to grow steadily. In the 2024 financial year, the bank’s agriculture portfolio stood at GH¢6.66 million. As of November 2025, total disbursements to agricultural value chain actors had risen sharply to GH¢16.70 million, reflecting both increased credit demand and the bank’s effort to deepen sectoral support.

The bank’s expanded engagement in agribusiness financing has translated into stronger earnings performance. Pre-tax profit surged by 193.67% to GH¢10.29 million in 2024, up from GH¢3.50 million in 2023—growth management partly attributes to higher loan uptake within its agriculture-focused portfolio.

According to executives, the bank’s outlook for 2025 and beyond includes scaling up productive lending to smallholder farmers, aggregators and agri-SMEs, while strengthening risk management frameworks and expanding digital access channels for rural clients.

Mensah emphasized that agriculture will remain central to its development mandate, citing the sector’s importance to rural household income, poverty reduction and local economic stability.