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Thursday 31 October 2024

2021-03-12

[B] Osei Kyei-Mensah-Bonsu appointed ‘caretaker Finance Minister’  
[B] 2021 Budget: Ghana Employers' Association expects pragmatic initiatives  
[A] Don't rush into marriage — Reverend Minister cautions youth
[N] Driver, accomplice get 10 years each for alleged robbery

2021-03-11

[N] NDC blew GHc1.7million on 2020 Collation with no results to show  
[A] 5 ‘sexy’ female Police Constables severely punished for ‘improper’ dressing
[A] Ebony’s driver remanded into prison custody
[N] Parliament begins debate on 2021 SONA
[N] Lecturer lauds Akufo-Addo’s move to digitize land administration
[A] I will marry when the time is right – Shatta Wale
[A] MUSIGA launches UNESCO/ECOWAS supported Covid-19 campaign
[N] Allotey Jacobs: I no longer belong to NDC; I support Akufo-Addo, Bawumia
[N] Businessman allegedly ‘beats’ wife to death
[A] Wear face masks - Otumfuo advises schoolchildren
[N] Korle Bu to handle only emergency surgeries over staff shortage
[B] Corruption is not fought alone or quietly – Domelevo
[B] Nana Addo’s anti-corruption credibility is in tatters – Gyimah-Boadi
[B] Agyapa deal should be considered dead on arrival in Parliament – John Jinapor
[N] President-elect Akufo-Addo encouraged me to accept Mahama’s AG appointment

2021-03-10

[N] Vice President Dr Bawumia Visits Kweku Baako To Express His Condolences
[N] Veteran journalist Kweku Baako loses mother
[I] England’s £23bn test and trace programme condemned by MPs
[B] UMB Signs agreement with NARMG to provide special loans to midwives
[B] Ghana will experience economic rebound in 2021—President Akufo-Addo
[N] Gov’t targets 40% tertiary education enrolment ratio by 2030
[N] Ghana to take delivery of 17,600,000 vaccine doses by June
[B] Price of iced sachet water now 30p
[N] I expect loyalty, transparency and teamwork - Abu Jinapor
[N] Time for litigation over, let’s unite - President
[N] More health workers to be recruited - President Akufo-Addo
[B] All national ID numbers to become tax numbers from April - President Akufo-Addo
[N] Ghana has not experienced food shortages due to 'bold policies' - Akufo-Addo
[N] Prez Akufo-Addo takes pride in re-tooling and re-equipping security services
[I] FUFA rewards Hippos Team with $ 160,000
[N] Supreme Court’s verdict well-reasoned, excellent – Akufo-Addo
[N] Electronic medical records system deployment underway in Ghana – Akufo-Addo
[N] Be guided by national interest as you do your job – Akufo-Addo charges MPs
[B] Government will engage Parliament about Agyapa deal – Akufo-Addo
[N] My government does not shy away from public scrutiny – Akufo-Addo
[S] Black Satellites players get $10,000 each for winning U-20 AFCON
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Business

[ 2016-08-26 ]

SME focus a priority as Union Savings transition to Omni Bank
Dominating the retail banking space would be one
of the major priorities for management of Union
Savings and Loans as it transitions into Omni Bank
Limited.

The company has been undergoing restructuring and
recapitalization in the last four years.
Management says all is set for the transition to a
universal bank on September 12.

Union has been operating in Ghana since 1989 as a
tier 2 bank with a focus on Small and Medium-sized
Enterprises (SME) development.

Managing Director, Phillip Oti-Mensah says that
would not entirely change.

“The SME space is quite broad. SMEs contribute
50 percent to gross domestic product (GDP).
There’s a lot in there to do”, he told Joy
Business at a transition engagement with clients
in Accra.

Mr Oti-Mensah explained that the switch would
enable Union to enhance services to entrepreneurs
and its growing clientele.

The changeover would also enable the bank to
engage in forex transactions and clear cheques
faster at lower costs.

Clients who spoke to Joy Business at the
transition engagement called on management to also
place a premium on customer satisfaction.

Union started operating in the country in 1989 as
a tier 2 bank with an initial capital of GH¢5
million. It currently boasts of over Gh¢140
million as capital strength, operating 21 branches
across the country.

It aims to increase its capital base to Gh¢3
billion Ghana Cedis and increase its customer base
from over 60,000 to one million by 2020.

Source - Myjoyonline.com



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