Posted on :
19 Jun, 2011
19 Jun, 2011
UT Bank Ghana Ltd (formerly UT Financial Services Ltd) commenced business as a Finance house in 1997 under the name Unique Trust Financial Services Ltd. It has evolved from a lending institution to a Universal Bank through the acquisition of the former UT Bank in June 2010 and got listed on the Ghana Stock exchange under the name UT Bank.
From humble beginnings as a privately owned company in Ghana, UT Financial Services Ltd became a publicly owned company in 2008 with shares listed and actively traded on the Ghana Stock Exchange. Unique Trust Financial Services, the name at inception of the company, was changed to UT Financial Services in 2008 just before listing on the Ghana Stock Exchange.
With an annual turnover of GHc74 million, over 600 staff and 26 branches nationwide, UT Bank is one of the fastest growing indigenous banks in Ghana. The Bank has positioned itself as a lending bank that seeks to redefine banking in Ghana through fast, efficient and respectful delivery of service. The company has for the past decade committed itself to serving the needs of Ghanaian traders and businesses not normally catered for by the traditional banks.
The desire of the founding members was to create an entity set apart by its nonpareil standards of integrity in its dealings with clients and shareholders.
“the preferred bank for businesses and individuals providing quality and outstanding products with speed and efficiency to delight customers and build shareholder value.”
The initial focus of UT was centered on servicing the “unbanked” informal sector, but over the years, UT’s services have extended to cover the formal sector. What set’s UT apart in the financial services market is its solid business structure, flexibility and timely delivery of financing to clients whilst maintaining the promise of providing business loans in less than 48 hours