Posted: Thursday 7th August 2014 at 23:40 pm

UT Bank Opens Branch In Tamale


UT Bank, one of the top 10 banks on the Ghana Club 100 list, has brought banking services almost at their door steps of customers as it opens a state of the art branch at Aboabo, a suburb of Tamale in the Northern Region.

Opening the branch on Tuesday, the Deputy Managing Director at UT Bank, Pearl Esua-Mensah, disclosed that it was the priority of the bank to focus on development of agriculture in the Region. She said the bank had partnered USAID and EDIF to provide technical support and financial assistance to small scale farmers in order to build their capacity. That, she said, would help enhance their socio-economic status.

At the colorful ceremony which saw the display of splendid cultural performances, the Deputy Managing Director assured patrons that UT Bank was committed to fulfilling its social responsibilities and hinted at tackling the issue of breast cancer.

Just before the commencement of the opening, there had been free medical screening for the public.

She also explained their unique service better known as “Bank on Wheels”. According to her, the service enables the bank to move its full banking services, including ATM, foreign exchange service, saving, loans transaction and others to markets, schools and various communities which do not have access to banking service.

Madam Pearl Esua-Mensah explained further that it is expensive opening branches in areas where the returns are very little, but UT had always wanted to bank as many of the unbanked Ghanaians as possible and that was the motivation for the “Bank on Wheels”.

“This means the many Ghanaians who do not have time to travel long distances to banks in other towns, those who keep their moneys under their beds, and traders who keep moneys in their shops can now save and access their moneys safely and conveniently when UT‘s Banks on Wheels goes their way,” she said.

On his part, the Zongo Chief of Northern Region, Shehu Abdulmumin Dalhu, commended UT Bank for establishing a branch in the community and was happy at the strategic positioning of the bank. He assured the bank of the support and assistance of the community.

In attendance were prominent persons of Tamale such as the Northern Regional Chief Imam, Sheik Abdul Salam, the Zongo Chief of the region, Shehu Abdulmumin Dalhu, Choggu Naa, Banvim Naa among others.

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