News & Events

UMB introduces LockSaver Account tailored for Government workers

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Universal Merchant Bank (UMB) has launched an innovative savings account, tailor-made for government workers. This was at a media event at the headoffice of the Bank, where the Controller and Accountant General of Ghana ,Mr. Kwasi Kwaning – Bosompem was the guest of honour. The introduction of the account is the first time a Ghanaian …

UMB Appoints Nii Amankra Tetteh as Executive Director of Business

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ACCRA , June 7, 2021:  Universal Merchant Bank (UMB) is delighted to announce the appointment of Nii Amankra Kwashie Tetteh  as Executive Director , Business.  He will be responsible for leading the growth agenda for the business lines of the Bank. Nii Amankra is a proven leader in the banking industry with a deep, diverse …

UMB CEO celebrates Eid with customers in Tamale; Donates items to Yaa-Naa’s celebrations at the Gbewaa Palace.

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Customers of Universal Merchant Bank (UMB) in the Northern Region were pleasantly surprised during this year’s Eid festivities, as the CEO of the Bank joined the celebrations in person.  Accompanied by senior executives of the Bank, Nana Dwemoh Benneh the CEO visited with key customers wishing them Eid Mubarak and compliments of the season. A …

UMB CEO pays courtesy call on Otumfuo at Manhyia Palace

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The Chief Executive Officer of Universal Merchant Bank (UMB), Nana Dwemoh Benneh has paid a courtesy call on the Asantehene, Otumfuo Osei Tutu II, at the Manhyia Palace in Kumasi. The visit was to congratulate the Otumfuo on the occasion of his 71st birthday and for Nana Dwemoh Benneh to formally announce his appointment to leadership …

“Pandemic winners have to adapt to technology sustainably” – UMB CEO at B&FT CEO’s Breakfast Series

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Businesses that successfully adapt to the increasing need to integrate technology into their operations in a sustainable manner will become winners of the COVID-19 crisis, Chief Executive Officer of Universal Merchant Bank (UMB), Nana Dwemoh Benneh, has said. Speaking at this year’s first Ghana’s Most Respected CEOs Breakfast Series organised by the Business and Financial …

UMB signs new Controller Loan Products with National Association of Registered Midwives

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Universal Merchant Bank (UMB) has signed an agreement with the National Association of Registered Midwives, Ghana (NARMG) to offer its members on the controller payroll, a special UMB Controller Loan product of up to GHS150, 000, which will be spread over 48 months at a competitively low interest rate, with a turnaround time of 48 …

UMB Appoints Nana Kwadwo Dwemoh Benneh as Chief Executive Officer

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Accra, February 1, 2021: After five years of dedicated and growth-oriented service to Universal Merchant Bank (UMB), Mr. Benjamin Amenumey has completed his tenure as UMB’s CEO making way for the appointment of Nana Dwemoh Benneh as the bank’s new Chief Executive Officer, following the approval of the Central Bank. In a statement issued by …

UMB bags multiple awards at the 10th GITTA Awards 2020

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Universal Merchant Bank (UMB) has won a total of three coveted awards at the 10th edition of the Ghana Information Technology and Telecom Awards (GITTA) held at the Mövenpick Ambassador Hotel in Accra on Friday, November 13, 2020. The Bank was adjudged the Most Improved Bank in Best Use of Technology at the awards ceremony. …

UMB Hosts Webinar to Help Sustain SMEs amid COVID-19

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Universal Merchant Bank (UMB) organized its maiden virtual edition of the annual SME Clinic for over two hundred of its SME customers across different business sectors on the theme, “Running a Successful SME Business in a Disruptive Environment”. In his welcome address, the Chief Executive of UMB, Mr. Benjamin Amenumey stressed on the Bank’s commitment …

UMB Obtains PCI DSS Certification

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UMB has obtained the Payment Card Industry Data Security Standards (PCI-DSS) certification from PCI.  PCI-DSS is the global industry compliance and security standard that is dedicated to secure cardholders’ confidential data. It is also one of the most rigorous security standards in the industry. This accomplishment reinforces our Bank’s commitment to comply with internationally-accepted security …