Business News of Wednesday, 20 February 2019

Source: UMB Ghana

UMB organizes special trade and treasury colloquium for exporters and importers

Acting Chief Executive Officer of UMB, Mr. Benjamin Amenumey Acting Chief Executive Officer of UMB, Mr. Benjamin Amenumey

Universal Merchant Bank (UMB) held a special colloquium on Trade and Treasury for clients and prospects who are in the export and import business at the plush Swiss Spirit Hotel (Alisa Hotel) in Accra.

The colloquium is the first of a two-part series with the primary objective of discussing relevant topics that will enrich export business operations and investments of participants. Participants were made up of the Banks’ clientele, as well as prospective customers who are into the export and import business.

The Acting Chief Executive Officer of UMB, Mr. Benjamin Amenumey in his welcome address, reiterated that UMB is in pole position to further intensify financial and advisory support to sustainable small and medium scale businesses.

Mr. Amenumey in his remark, acknowledged the impact of the outcomes of the U.S. – China trade war and Brexit but expressed optimism and the Bank’s commitment to fully support businesses whatever the consequence may be. He stated in his address that, “…these uncertainties are problematic but as a Bank, we are well positioned to foresee and device strategies to curtail its effects on your business operations. Ultimately, we can continue to build on our relationship with you beyond the success of our businesses to affect the larger society positively.”

The Acting Chief Executive Officer added that; “UMB is absolutely committed to the success and growth of your businesses and you have our collective commitment on this.”

The key presentations at the colloquium were delivered by Mr. Kevin Adarkwah, UMB’s Director of Treasury and Mrs. Rejoice King, the Head of Trade at the Bank. The presentations focused on the huge opportunities offered by the Bank’s Trade and Treasury bouquets of products and services and how the participants can tap into it to simplify, scale and sustainably grow their various businesses in the export and import sector.

At the end of the colloquium, participants expressed their gratitude to UMB for such a significant and useful session.

About UMB Bank

UMB Bank (UMB) 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. UMB is recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions. UMB currently has thirty-six (36) branches, three (3) UMB Centres for Businesses, 1 UMB PPP Incubator Centre and a vast network of ATMs.