Graphic Business News

UMB opens new branch in Sunyani

By: Emmanuel Adu-Gyamerah, SUNYANI
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• The Krontihene of the Sunyani Traditional Area, Oboaman Bofotia Boamponsem (right), Oberempong Ameyaw Amponsem II, Chief of Anyima in the Kintampo South District (left) and Mr Benjamin Amenumey jointly cutting the tape to open the new branch
• The Krontihene of the Sunyani Traditional Area, Oboaman Bofotia Boamponsem (right), Oberempong Ameyaw Amponsem II, Chief of Anyima in the Kintampo South District (left) and Mr Benjamin Amenumey jointly cutting the tape to open the new branch

THE UPSURGE of economic activities within the Sunyani Municipality in the Brong Ahafo Region has attracted the establishment of branches of many banks in Sunyani.

Besides traditional banks such as the GCB Bank,the SG Bank,the Agricultural Development Bank,the National Investment Bank,the Barclays Bank and the Ecobank, almost all the new banks such the UniBank, The Royal Bank,the Stanbic Bank,the Sahel Sahara Bank and a host of rural banks and non-bank financial institutions have established their branches.

It is a fact that Techiman has been the economic capital of the Brong Ahafo Region and that is why some banks entering the region establish their branches before moving to Sunyani, the regional capital.

The Universal Merchant Bank (UMB) is no exception to this phenomenon.After operating at Techiman for some time, it opened its 37th branch in Sunyani.

Located at the Nana Bosoma High Street, officials of the bank say the branch will largel

Expansion agenda
At the launch, the Chief Operating Officer of the bank, Mr Benjamin Amenumey said the Sunyani branch was part of the UMB’s nationwide expansion agenda.

“It will be a pleasure to serve our customers at our new prime location with an enhanced ambience and banking services they have come to expect of us”, he stated.

He said in addition to the Techiman branch, the new branch had added even more convenience to the bank’s customers and it progressively expanded its presence in the region.

Service to loyal customers
For his part, the Director, Retail and Consumer Banking of UMB,  Mr Kelvin Cain, appealed to residents of Sunyani and surrounding communities to walk in and do business in a very conducive environment.

He called on customers and non-customers to download the bank’s innovative mobile banking application, UMB SpeedApp, to transact business at their own convenience.

“The newly opened branch will serve our loyal customers within Sunyani and its surroundings with enhanced banking solutions in good-looking new ambience”, he said, adding that services offered included current and savings accounts, instant debit cards, personal loans, remittances, electronic banking and mobile money services with a dedicated 24-hour ATM, among other services.

History
The UMB is a full-service financial institution with speciality in customised banking products and services.

The bank, which is an indigenous Ghanaian bank with considerable financial expertise, was opened on March 5, 1972 and recognised for its entrepreneurial approach, innovative use of technology and distinctive banking solutions.

It currently has 37 branches, three UMB Centres for Business, One UMP PPP Incubator and a vast network of ATMS across the country.