UMB has its full meaning to be Universal Merchant Bank. The bank is one of the leading Ghanaian local banks. It also has its branches all over the country.
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When Was UMB Founded?
Since the 1913 founding of the original bank in Kansas City, Missouri, UMB has grown into a dynamic financial services company.
The bank officially first started working in 15th March, 1972 as the Premier Merchant Bank in Ghana. Universal Merchant Bank also introduced the Retail Banking in 2005 with the acquisition of the banks license.
What Are The Bank’s Core Values?
The bank operates the S.P.E.E.D. system, which are;
- Speed
- Passion
- Excellence
- Ethics
- Diligence
Strategic Pillars And Focus
The bank also have set down some pillars in order to achieve success. They are;
- People
- Service
- Products and finally
- Technology
How Many Branches Does UMB Have In Ghana?
Currently the Universal Merchant Bank also has about 31 branches across thee country.
UMB Branches In Accra
- Abeka Branch
- Abossey Okai Branch
- Accra Main Branch
- Achimota Branch
- Adabraka Branch
- Airport City Branch
- East Legon Branch
- Junction Mall Branch
- Kaneshie Branch
- Labone Branch
- Osu Main Branch
- Tema Main Branch
- Osu Oxford Street Branch
- North Industrial Area Branch
- Ridge Branch
- Sakaman Branch
- South Industrial Area Branch
- Spintex Road Branch
- Tema East Branch
- University of Ghana Branch
- UMB PPP Incubator Center – Madina
- University of Professional Studies Branch
- Madina SME Center
Who Owns The Universal Merchant Bank?
Fortiz Private Equity Fund Limited (“Fortiz”) is also a wholly-owned Ghanaian corporation with a 52.6 percent equity investment in Universal Merchant Bank, formed in 2013 under the Companies Act, 1963 (Act 179) as amended.
Is UMB A Government Bank?
Universal Merchant Bank (UMB) is a full-service financial institution specializing in customized banking products and services.
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Source; Xorlali.com