Kasoa (C/R), The Universal Merchant Bank (UMB) has opened a new ‘Centre for Businesses’ to accommodate the business sector in Kasoa and to leverage on the area’s diverse commercial activity.

The UMB Centre for Businesses is a unique concept that is separated from UMB’s traditional branches.

Mr John Awuah, UBM Chief Executive Officer, said the UMB Centre for Businesses was created solely to effectively address the needs of the Small and Medium Enterprise (SME) sector.

The majority of the Ghanaian economy is driven by SMEs and UMB took the decisive and strategic step to establish an independent centre staffed with banking professionals that understand exactly what SMEs need in order to successfully grow.

The Kasoa Centre is the third of such UMB Centre for Businesses in Ghana, following the first in Ashtown in Kumasi and the second in Madina in Accra, Mr Awuah said, and added that Kasoa was the next ideal location for a UMB Centre for Businesses.

Mr Awuah noted that Kasoa is a rapidly growing city with lots of viable businesses and we intend to help further the growth of this dynamic city through the addition of the UMB Centre for Businesses to facilitate acceleration in their growth plans.

The Bank’s Director of Consumer and Business Banking, Mr Kevin Cain, said the bank is on course to transform the banking experience in Ghana by providing pioneering banking solutions, such as the UMB Centre for Businesses.

The Kasoa UMB Centre for Businesses will further deepen the Bank’s financial inclusion agenda and play a facilitating role in growing the businesses of SMEs, he added.

It is a full-service financial institution specializing in customized banking products and services.

UMB opened on March 15, 1972 and is a leading Ghanaian indigenous bank with considerable financial expertise.

It is recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions.

UMB currently has 32 branches, three UMB Centres for Businesses, one UMB PPP Incubator Centre and a vast network of ATMs.

Source: Ghana News Agency

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