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NATIONAL NEWS
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UT Bank To Redefine Banking

Capt (rtd) Prince Kofi Amoabeng, CEO, UT Bank has disclosed that the Bank is in business to redefine banking services in the country and also venture into insurance business in the near future.


eta content="text/html; charset=utf-8" equiv="Content-Type" />eta content="Word.Document" name="ProgId" />eta content="Microsoft Word 12" name="Generator" />eta content="Microsoft Word 12" name="Originator" />ink href="file:///C:%5CUsers%5CExtensa%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml" rel="File-List" />ink href="file:///C:%5CUsers%5CExtensa%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx" rel="themeData" />ink href="file:///C:%5CUsers%5CExtensa%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_colorschememapping.xml" rel="colorSchemeMapping" />tyle> “Combined with the service delivery culture of speed and respect for people, the company is optimistic that the bottom line and other key indicators will improve appreciably and for this to reflect in our market price” explained Mr. Amoabeng.

 

Mr. Amoabeng stated this when he addressed the media at the just ended 5th edition UT Olympic Games held at the El-Wak sports stadium.

 

The annual game is to foster unity, teamwork, family spirit among staff members and also to access the company.

 

This, he explained are built on core values which includes stepping up to the plate; why not; respect; integrity; professionalism and “ubuntu” meaning oneness.

 

In all about 600 staff members from its 25 branches attended the fun games which included the entire UT Holdings made up of UT Collections; UT Financial Services; UT Bank; UT Logistics; UT Properties; UT Collections; UT Logistics gmbH and UT Nigeria.

 

UT Bank started operations in May 2009 as the fifth subsidiary of the UT Holdings. This followed the acquisition of 55.13% share in the then BPI Bank Limited.

 

It provides a wide range of product and services for the benefit of its customers. On the other hand it offers specialized products and services including all in one account, Young savers account fast credits.

 

In addition it offer other services like commercial banking, corporate banking, money market operations, international trade financing and export financing package among others.





By Evans KORANTENG

 

 

 

 

 

 

Source: BFT


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TREASURY BILL RATES
 Maturity 03 Sep, 10 

 Prime Rate

 91-Day Bill

12.68% 

 182-Day Bill

13.13% 

 1-Year Note

13.40% 

 2-Year Note

13.40% 

 Total Offered

 

COMMODITIES
 Commodity P. Price  C. Price 

 Brent Crude

74.42 

74.42 

 COCOA

3,234.00 

3,234.00 

 COFFEE

134.15 

134.15 

 GOLD

3,169.00 

1,233.44 

 GOLD

 

1,233.44 

2010 MACROECONOMIC TARGETS
 Item Target 

 GDP

6.5% 

 Average Inflation

10.5% 

 End Period Inflation

9.2% 

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