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Business News of Wednesday, 20 February 2019


UMB holds trade discussions for customers

The Universal Merchant Bank (UMB) has held its 2019 trade and treasury colloquium for clients and stakeholders to deepen relationships and also give them a clear understanding of its operations.

Heads of various banking sectors including introduced services that seeks to provide customers with the necessary support to shoot up their businesses.

UMB illustrated its ability and willingness to assist clients towards achieving their goals from a trained business perspective by unveiling new ‘tailor-made’ products, flexible loan payment systems, bonds, and ways to mitigate forex risks in trade transactions.

Surrounding the issues of trade, methods of payment within the international market and its associated risks was introduced.

Acting CEO for Universal Merchant Bank, Benjamin Amenumey charged other stakeholders to encourage customers to do more exports.

He said with a lot more effort from all stakeholders, Ghana would emerge an African powerhouse for exports.

“We need to encourage our customers to do more exports. With efforts from other stakeholders I believe we’ll conquer other African countries and become a centre for exports. We at UMB have the privilege to introduce our tailor-made export products to you,” he added.

The 2019 UMB Trade colloquium is one of many new initiatives the bank is undertaking to better serve business communities including the small and medium scale enterprise.

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