One district one factory project to begin in September. That is an assurance from the CEO of Universal Merchant Bank (UMB), John Awuah. UMB Bank in March announced a partnership deal with government to inject 100 million US dollars into the One-District-One- Factory project over a period of time. According to the bank, the project … Read more
Some banks in the country have begun complying with the directive from the Ghana Revenue Authority (GRA), ordering them to stop charging VAT on financial services. The banks have started sending messages to their customers, notifying them of removing the 17.5 percent VAT charges on financial services. This follows an order from the GRA, directing … Read more
After falsely publishing an article about the Universal Merchant Bank (UMB) regarding the banks pledge of $100 million to President Akufo Addo’s One District, One Factory policy, the following media houses have rendered unqualified apologies to the bank for fear of prosecution. The story which was originally generated by the Al-hajj newspaper, was copied and … Read more
Universal Merchant Bank, formerly Merchant Bank (Ghana) Limited, a bank Akufo-Addo, then in opposition, led the New Patriotic Party to accuse President John Mahama of selling to his brother; Mr Ibrahim Mahama has pledged a whopping US$100 million to support government’s one-district, one-factory policy. According to managers of Universal Merchant Bank (UMB), the Akufo-Addo-led government’s … Read more
UMB Bank has announced a partnership deal with government to inject 100 million US dollars into the One-District-One- Factory project over a period of time. According to the bank, the project fits into its strategy of investing in public infrastructure for long term returns. Speaking to Citi Business News at the Flagstaff House after meeting … Read more
The management of the Universal Merchant Bank has earmarked 100 million dollars to support government’s one district, one factory initiative. The Board of Directors of UMB Bank led by its Board Chairperson, Mrs. Betty Zormelo, disclosed this when they paid a courtesy call on the President Nana Akufo-Addo at the Flagstaff House in Accra on … Read more
The management of the Universal Merchant Bank has earmarked 100 million dollars to support government’s one district, one factory initiative. The Board of Directors of UMB Bank led by its Board Chairperson, Mrs. Betty Zormelo, disclosed this when they paid a courtesy call on the President Nana Akufo-Addo at the Flagstaff House in Accra on … Read more
Receiving the award on behalf of the bank, UMB Bank’s Director of Marketing and Communications, Ms. Yvonne Botchey, dedicated the award to the bank’s cherished customers and expressed her appreciation to the Board and Management of UMB for recognizing the strategic importance of the bank’s brand. “The strength of the UMB Bank brand is largely … Read more
Universal Merchant Bank (UMB Bank) has announced the introduction of three additional VISA cards to give its customers more options in carrying out their transactions. As one of Ghana’s most customer-centric banks, UMB Bank partnered with Visa Inc. in April 2015 to introduce the UMB VISA Classic debit card. A year later, UMB Bank has … Read more
Universal Merchant Bank (UMB Bank) on Thursday, introduced three additional VISA Cards to give its customers more options in carrying out their transactions. The new VISA Cards are UMB VISA Prepaid Card, the UMB VISA Business Card and the UMB Platinum Card. As one of Ghana’s most customer centric banks, UMB Bank partnered with Visa … Read more
The viability and growth of Small and Medium Enterprises (SMEs) in Ghana has been given a boost with the launch of the first UMB Centre for Businesses in Kumasi. Located on the Ashanti New Town road in Ashtown, this innovative Centre will set a new standard in the delivery of SME banking services and enhance … Read more
The viability and growth of Small and Medium Enterprises (SMEs) in Ghana has been given a boost with the launch of the first UMB Centre for Businesses in Kumasi. Located on the Ashanti New Town road in Ashtown, this innovative Centre will set a new standard in the delivery of SME banking services and enhance … Read more