Case Study: Agricultural Development Bank achieves 60% revenue growth and 70% operational-efficiency gains with Oracle FLEXCUBE (Oracle)

Agricultural Development Bank Boosts Revenue by 60% and Operational Efficiency by 70% Using Platform That Supports Stock-Market Flotation

Agricultural Development Bank (ADB) is a Ghanaian universal bank, publicly owned and preparing for an IPO to list on the Ghana Stock Exchange. To support that transition and grow competitively across its 78 branches, ADB needed to cut costs, boost operational efficiency and employee productivity, roll out mobile and Internet banking, achieve a single view of customers, maintain high availability during period‑end processes, and become more agile in responding to changing market and regulatory requirements.

ADB upgraded to Oracle FLEXCUBE 11.2 running on Oracle SPARC servers and Oracle Solaris, implemented direct‑banking and BI capabilities, and completed the project in seven months on time and on budget. The transformation automated transactions and workflows, delivering a 70% improvement in operational efficiency, a 30% reduction in administration costs, 60% increases in loan revenue and fees, and a >70% faster month‑end close (from 15 to 4 hours), while enabling 24/7 digital banking, a unified customer view, faster salary processing, improved FX/trade settlement, and simpler maintenance and compliance.

Agricultural Development Bank

Abdul-Samed Iddrisu

Executive Director