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    Gold exports push Ghana’s trade surplus to $1.3 billion in April

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

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    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

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    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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UMB signs new Controller Loan Products with National Assoc. of Registered Midwives, Ghana

March 4, 2021
in Banking And Finance, Business
Nana Dwemoh Benneh, CEO, UMB Bank.

Nana Dwemoh Benneh, CEO, UMB Bank.

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Universal Merchant Bank (UMB), has signed an agreement with the National Association of Registered Midwives, Ghana (NARMG), to offer its members on the controller payroll, a special UMB Controller Loan product of up to GHS150, 000, which will be spread over 48 months at a competitively low interest rate, with a turnaround time of 48 hours.

The newly introduced UMB Controller Loan for the National Association of Registered Midwives Ghana, forms part of the many financial interventions UMB has rolled out to government workers and customers to offer them the needed financial cushion to finance their personal needs especially during these turbulent times.

Speaking at the signing ceremony, CEO of the Bank, Nana Dwemoh Benneh stated, “UMB understands the financial burdens occasioned by the current times, and as a truly indigenous bank, we are committed to ensuring that all our customers and Ghanaians enjoy financial freedom. In light of this, we have designed this special financial product to help relieve government workers of the financial stress so they attend to their personal needs in a timely manner. We are therefore happy that we could extend such timely help to members of the National Association of Registered Midwives, Ghana.”

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Mr. Benneh further stated that UMB is also committed to working with many more organizations like the NARMG not to only roll out loan products but also to birth tailor-made financial solutions that will help them meet their everyday financial obligations, whatever they may be and at every stage of life’s journey.

In his statement to the media, UMB Director of Consumer Banking, Mr. Samuel Sakyi- Hyde stated, “The partnership agreement with the National Association of Registered Midwives, Ghana, is one of the many exciting financial partnerships the bank is rolling out this year as UMB is ready to serve all our customers and non-customers with flexible financial offerings.”

He encouraged members of take advantage of the loan offering to access up to GHS150,000 without worrying about providing collaterals or becoming customers of the bank.

In her remarks, Madam Leticia Atiah, President of the National Association of Registered Midwives, Ghana, commended UMB for the timely financial intervention, as the loan product would help alleviate the financial burdens the pandemic has brought in its wake.

She encouraged other financial institutions to follow in the steps of UMB to help customers and non-customers alike meet their financial obligations without stress.

Representatives of UMB and the National Association of Registered Midwives, Ghana and a cross section of the media, witnessed the signing ceremony, held at UMB’s Head Office at the SSNIT Emporium, Airport City.

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. UMB is also ISO 27001 and PCI DSS certified.

Tags: Controller Loan ProductsGhanaNational Association of Registered MidwivesUMB
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