Category: News & Events

After four years of dedicated and growth oriented service to the Bank, the Board of UMB announce the departure of their CEO, Mr. John Awuah.

John Awuah joined UMB and has over the years initiated and championed successful strategies with the private sector as well as partnered the public sector on initiatives for the development of the country.

Some of the projects include the launch the UMB PPP Centre, and the growth of the Small and Medium Scale Enterprises in Ghana through the UMB Centre for Businesses.

Under his leadership, the Bank introduced more branches and innovative products to meet its ever growing customer base.

Mr. Awuah has built a strong foundation for the present and future growth of UMB and the bank will continue to execute these laudable initiatives.

The Board Chairman of UMB, in a message to John Awuah said “ you are a strong advocate for team effort, and over the past 4 years, we have witnessed good and positive transformation under your watch. We wish you the very best in your future endeavours”

Kumasi Asante Kotoko and rivals Obuasi Ashantigold played a 1-1 drawn game after 120 minutes to climax the 80th birthday celebration of former President, John Agyekum Kufuor in the maiden J.A. Kufuor Cup at the Baba Yara Stadium on January 6, 2019.

The cup match, sponsored by UMB and organised by Primeval Media, under the auspices of the J.A. Kufuor Foundation, will fix a new date to determine the ultimate winner of the match.

Emmanuel Gyamfi and midfielder Richard Ella Djodi scored for Kotoko and Ashgold, respectively after 90 minutes to push the match to extra time.

Former President Kufuor was unable to make it to the big game but he was ably represented by the Sports Minister Mr. Isaac Asiamah and MP for Asokwa, Ms. Patricia Apeagyei and other dignitaries.

The teams swung into action after the exchange of pleasantries led by Bamtamahene, Baffour Amankwatia VI, who stood in for the Asantehene, Otumfuo Osei Tutu II.

Universal Merchant Bank (UMB) is pleased to inform its customers, staff and the general public that it has received funding to meet the new Bank of Ghana minimum capital requirement of Four Hundred Million Ghana Cedis (GHS 400,000,000) by December 31, 2018.

As a Ghanaian-owned bank, we at UMB have always been proud of our commitment to the local economy and local businesses, investing in the success and prosperity of our nation.

“We are excited about this development, for our customers and also for Ghana. This allows us to continue the great work we have been doing, promoting the independence of Ghanaian industries. Now, we can provide funding for Ghanaian business initiatives now, and for generations to come,” said Mr. John Awuah, CEO of UMB.

UMB has a rich history of supporting local businesses and in the past, was key in the establishment of Ghana’s first mortgage bank, as well as the Ghana Stock Exchange.

We continue to support the growth of our local economy through our increased support to SMEs, through our Centre for Businesses, as well as Government partnerships such as the 1 District, 1 Factory initiative.

UMB is a full-service financial institution specializing in customized banking products and services. We are a leading Ghanaian indigenous bank with considerable financial expertise having operated in Ghana for over 45 years. Through our corporate, business, private, personal and e-channels banking departments, we address the financial needs of various segments of the market.

UMB operates through 36 branches located across Ghana; three UMB Centres for Businesses (Kumasi, Accra, Kasoa); one UMB PPP Incubator Centre located in Accra; and a vast ATM network.

Should you require any additional information, please call our 24-hour Customer Contact Centre team on any of our toll-free lines: MTN 0800-100880, Vodafone and Airtel 0800-10088 and all other lines 0302 633 988. Additionally, the Customer Contact team is very responsive on our Facebook and Twitter accounts – interact with us!

To climax an eventful year and appreciate our Lord for his goodness, Management of UMB organised yet another wonderful carols service on Thursday, December 20, 2018 at the Silver Star Towers, Airport City.

The UMB Festival of Nine Lessons and Carols service was officiated by Reverend Dr. Nii Amoo Darku with musical performances by One Voice Choir and MOG.

In attendance was the Minister for Information, Hon. Kojo Oppong-Nkrumah, members of UMB Board of Directors, Executive Committee members, some customers and staff from all our Greater Accra area branches.