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UMB inaugurates University of Ghana Branch

  15 Septembre      28        Economie (23975),


Accra, Sept. 15, GNA – Universal Merchant Bank (UMB), has inaugurated its newest branch at the Banking Square of the University of Ghana (UG), Legon campus, Accra.

This new branch features UMB’s signature beautiful branch layout and a 24- hour Automatic Teller Machine (ATM).

The branch also expands the UMB branch network to 30 branches.

Mr Benjamin Amenumey, UMB Chief Operating Officer, speaking at the launch, lauded the UG for undertaking the Banking Square project, to bring players in the financial services industry closer to the students and the University Community.

He said the new branch was another indication of the UMB’s commitment to playing a critical role in developing the next generation of Ghanaian leaders.

Mr Amenumey outlined some student friendly initiatives that the Bank had undertaken in recent times.

« In 2014, we introduced the Aspire Account, an account designed for students to help them understand and practice financial discipline.

‘We have also organised several student seminars to introduce them to use topics such as entrepreneurship, personal branding, financial discipline and investment opportunities for students, » he added.

Mr Lawrence Appiah-Baiden, UMB Director of Retail, said tertiary students constitute a key target for the Bank; « because in the next few years, these students will become the entrepreneurs and leaders, who will be making critical decisions that, will affect the fortunes of our nation ».

He announced that, in the coming months, UMB would be opening more branches on a number of university campuses throughout the country.

UMB’s Director of Marketing and Communications Ms Yvonne Botchey said: « UMB has a strong brand that appeals to young people, especially, tertiary students and we are happy that we can finally bring our services closer to students of this great University ».

Reverend Dr Stephen Wengam, the Lead Pastor of the Cedar Mountain Assemblies of God and Chairman of the Prisons Council Board, hailed UMB for its innovative banking services.

He urged Management to maintain and improve upon the high standards they have set over the years.

UMB is a full-service financial institution specialising in customised banking products and services.

It opened on March 15, 1972, and is a leading Ghanaian indigenous bank with considerable financial expertise.

UMB is recognised for its entrepreneurial approach, innovative use of technology and distinctive banking solutions.

It currently has 30 branches and a vast network of ATMs.


Mr Benjamin Amenumey (R) and Rev Dr Stephen Wengam (L) jointly cutting the tape to inaugurate the UG Branch of UMB.


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