Universal Merchant Bank (UMB) opened its door to the public on 15th March 1972 as the premier merchant bank in Ghana.
Currently the bank has 28 branches nationwide. The bank has two fully owned subsidiaries, UMB Stockbrokers Limited and UMB Investment Holdings Limited.
In its four decades of existence, the bank has accomplished many noteworthy feats, including:
The establishment of a hire purchase and leasing business in Ghana.
The promotion and formation of the first Discount House in Ghana.
Handled the share issues of 8 out of 10 companies when there was no Stock Exchange in Ghana in the 1970’s.
The initiation of the preparatory work in the establishment of the Ghana Stock Exchange (GSE).
The sponsorship and registration of about 50% of the companies on the GSE.
The arrangement and formation of the mortgage company currently known as HFC Bank Limited
Served as an advisory body in the acquisition of SSB Bank by Societe’ Generale; and
The merger of Ashanti Goldfields and Anglogold.
- Corporate Banking
- Business Banking
- Personal Banking
- Private Banking
- Internet Banking