As part of its nationwide expansion drive, the Universal Merchant Bank (UMB) has inaugurated a new branch located on the Nana Bosoma High Street in Sunyani, the Brong Ahafo regional capital.
The newly-opened Sunyani branch adds up the Techiman outlet, making it two in the region and 37 branches in the country. UMB has branches across all the ten regions, with the exception of Volta. The Sunyani branch is expected to serve the public with enhanced banking solutions within a good-looking new ambience.
In his short inaugural address, Mr. Benjamin Amenumey, Chief Operating Officer-UMB, indicated that the bank is poised to extend excellence banking services to the people’s doorsteps. He said: “As we get closer to our customers to understand their peculiar challenges and needs, we will be able to provide tailor-made financial solutions to address their specific requirements”.
The UMB, he emphasised, is committed to cushioning industrial growth – especially offering support to special government initiatives like ‘One District, One Factory’ and stimulus package schemes for businesses. “UMB is ready to provide the financial resources needed to help make businesses more competitive and reduce the cost of early-stage enterprises development.”
The Chief of Anyima, Obrempon Ameyaw Amponsem II, commended UMB for its vision of supporting the growth and development of businesses in the country. He urged the bank not to relent in its efforts, especially with customer service, as it expands operations to Sunyani and other parts of the country.
On his part, Nana Oboaman Bofotia Boamponsem II, in an interview advised UMB to adopt efficient financial and business management education for its clients, particularly loanees. This, he explained, will help reduce the high rate of loan defaults that has been consuming the assets of financial institutions.