News & Events

UMB Launches UMB Business News

Posted on

Our Research Department has been hard at work creating informative and useful newsletters for UMB customers. In addition to the quarterly UMB Economic Bulletin and the daily News Flash, Head of Research, Stephen Ampadu has created UMB Business News, a monthly newsletter that will provide highlights of the relevant economic and financial news affecting Ghana …

A Step in the Right Direction: UMB Strategy and Review Sessions

Posted on

  UMB held its inaugural Strategy and Performance Review Session at the Royal Senchi Hotel over a three-day period in early July. UMB management, Department Heads and all Business Managers presented to the Board of Directors and Shareholders. KPMG and Knowledge Capital moderated the sessions. Each presentation addressed what had been accomplished thus far and …

Launch of Coin Exchange Kiosk

Posted on

On Friday March 9, Universal Merchant Bank launched it’s latest product to better serve our customers – the Coin Exchange Kiosk. For many small businesses, having coins on hand is an essential element of conducting sales transactions. At UMB, we created the Coin Exchange Kiosk so that UMB customers and non-UMB customers can exchange their …

Ghanaian employers flouting pensions law

Posted on

Only one in five employers registered with the Social Security and National Insurance Trust (SSNIT) has also signed on to a second-tier pension scheme, which is mandatory, Laud Senanu, acting chief executive of the National Pensions Regulatory Authority (NPRA), has said. Speaking to the B&FT on the sidelines of a regional outreach programme of the …