Universal Merchant Bank — financial institution that became Ghana Football Association's official banking partner and reported profit of GHS 267.2 million in 2025.
… Communications Bureau Limited at Universal Merchant Bank (UMB). The appellate court also directed the Attorney-General to disclose National Security files connected to the acquisition of the alleged cyber defence system, records relating to special operations accounts, and docume …
… The company disclosed that Visa Accept is now available in more than 25 countries and will soon launch in Ghana through partnerships with Access Bank, OmniBSIC Bank and Universal Merchant Bank (UMB). …
… Sponsors of the event, Universal Merchant Bank and the Ghana National Petroleum Corporation (GNPC), were recognised for supporting initiatives aimed at advancing Ghana’s investment opportunities globally. …
Universal Merchant Bank (UMB) marked this year’s Father’s Day with a courtesy call on the President of the Republic of Ghana, John Dramani Mahama, reaffirming the Bank’s commitment to celebrating the enduring values of fatherhood, leadership and service. …
… The witness told the court that EOCO investigations revealed that the Universal Merchant Bank (UMB) account of BNC Communications Bureau Limited was opened at the behest of the couple, who signed documents to that effect and attached the company’s registration document as well as …
… Universal Merchant Bank (UMB), the Lead Sponsor of the event, continues to demonstrate its commitment to driving economic growth, entrepreneurship, and facilitating investments that contribute to Ghana’s long-term development and competitiveness. …
… The statement said Universal Merchant Bank, lead sponsor of the forum, was supporting efforts to promote entrepreneurship, economic growth and investment mobilisation for Ghana’s long-term development. …
… Adu-Boahene relied on her “banking experience and expertise for transactions” at the Universal Merchant Bank (UMB) during her tenure with the bank. …
… Universal Merchant Bank (UMB), the Lead Sponsor of the event, continues to demonstrate its commitment to driving economic growth, entrepreneurship, and facilitating investments that contribute to Ghana’s long-term development and competitiveness. …
The Attorney-General's Office has admitted to the High Court that it does not possess key documents relating to the disputed GH¢49.1 million transaction at the centre of the prosecution's case against former NSB Director-General Kwabena Adu-Boahene and two others. The disclosure followed a Court of Appeal order directing the prosecution to produce missing bank statements, records relating to the source and purpose of the funds, and other documents essential to the defence.
The Attorney-General's Office has admitted to the High Court that it does not possess key documents relating to the disputed GH¢49.1 million transaction at the centre of the prosecution's case against former NSB Director-General Kwabena Adu-Boahene and two others. The disclosure followed a Court of Appeal order directing the prosecution to produce missing bank statements, records relating to the source and purpose of the funds, and other documents essential to the defence.
Visa has introduced new capabilities across its Visa Accept and Visa Direct platforms to enable small businesses in emerging markets to accept and send digital payments using only a smartphone, without requiring additional payment hardware. The solution is designed to help street vendors, micro-sellers and online merchants manage transactions more efficiently and expand access to digital financial services.
Ghana's 24-Hour Economy agenda was the focus of a Ghana-Canada Investment Forum in Toronto on June 15, 2026, which brought together about 135 participants to explore trade, investment and collaboration between the two countries. Officials presented Ghana as a gateway to the African market and encouraged Canadian investment in the country.
Universal Merchant Bank marked Father's Day with a courtesy call on President John Dramani Mahama, during which Managing Director Dr. Philip Oti-Mensah presented the President with commemorative artwork symbolizing fatherhood, leadership, responsibility and service. President Mahama congratulated the bank on its progress and commended management and staff for strengthening the institution and enhancing its contribution to Ghana's financial services sector.
Universal Merchant Bank visited President John Dramani Mahama on Father's Day and presented him with commemorative artwork symbolizing fatherhood, leadership, responsibility and service. President Mahama commended the bank on its progress and efforts in strengthening Ghana's financial services sector.
An EOCO investigator told a court that former National Signals Bureau director Kwabena Adu-Boahene transferred GH¢49.1 million from the state institution's account into a private company he and his wife owned, in three cheques signed in 2020 allegedly under the pretext of purchasing a cyber defence system.
Ghana and Canada gathered in Toronto for the 2026 Ghana-Canada Investment Forum to deepen economic cooperation and explore strategic investment opportunities. The event highlighted Ghana's 24-Hour Economy and Accelerated Export Development Programme, examining how Canadian businesses and investors can partner with Ghanaian enterprises to support the country's economic transformation.
Ghana and Canada will host an investment forum in Toronto on June 15, 2026, to explore strategic opportunities, forge partnerships, and advance Ghana's economic transformation agenda, with a focus on the 24-Hour Economy and Accelerated Export Development Programme.
Mildred Donkor, a prosecution witness in the trial of former NSB Director-General Kwabena Adu-Boahene and his wife Angela Adjei-Boateng, testified that her provision of cash withdrawal and deposit assistance to Adu-Boahene while at Universal Merchant Bank was not irregular or illegal, describing it as normal banking service. Adu-Boahene and his wife face 11 counts including conspiracy to commit crime, stealing, money laundering, and causing financial loss to the state over alleged theft of GH$49.1 million.
Ghana and Canada will host an investment forum on June 15, 2026, in Toronto to explore strategic investment opportunities, foster partnerships, and advance Ghana's economic transformation agenda, including its 24-Hour Economy and Accelerated Export Development Programme.
Ghana and Canada will host an investment forum in Toronto on June 15, 2026, to showcase investment opportunities and promote partnerships supporting Ghana's economic transformation, with a focus on the 24-Hour Economy and Accelerated Export Development Programme aimed at driving industrialisation, expanding exports, and creating jobs.
Universal Merchant Bank has appointed Victoria Esinam Attipoe, a banking executive with over 20 years of experience in retail banking and operations, as Branch Network Head for its Greater Accra Division to strengthen retail banking operations and customer experience.
Universal Merchant Bank has appointed Victoria Esinam Attipoe as Branch Network Head for its Greater Accra Division to lead strategic transformation of the bank's branch network, enhance customer experience, and drive commercial growth in retail banking.
Universal Merchant Bank has appointed Victoria Esinam Attipoe as Branch Network Head for its Greater Accra Division. The bank describes the move as part of its focus on retail banking excellence, operational transformation, and customer-centric growth.
Universal Merchant Bank reported a profit of GHS 267.2 million in 2025 and restored shareholders' equity to GHS 551.3 million, reversing a loss of GHS 253.8 million and negative equity of GHS 12.3 million in 2024. The turnaround is attributed to leadership changes rather than changes in financial metrics alone, according to an analysis by Dr Kofi Anokye Owusu-Darko.
Betting company betPawa, Universal Merchant Bank (UMB), and TECNO Ghana have signed partnerships with the Ghana Football Association to support the Black Stars, Black Queens, and domestic football development ahead of the 2026 FIFA World Cup and WAFCON. betPawa committed GH₵3.5 million in support, UMB became the official banking partner for three years, and TECNO Ghana also signed on to contribute to the development of Ghana football.
Universal Merchant Bank has become the official banking partner of the Ghana Football Association under a three-year agreement, with the bank aiming to promote Ghana football and support the Black Stars' 2026 FIFA World Cup campaign. The partnership covers all GFA activities and includes UMB assistance with training footballers, coaches, referees, and wealth management.
A former Director of Advantage Solutions Limited testified in the High Court on how she managed bank accounts and executed financial transactions for accused Kwabena Adu-Boahene and his wife, Angela Adjei Boateng. She explained that funds from BNC Communications Bureau Limited were transferred to other company accounts when cheques were unavailable, and that payments were made to suppliers and third parties.
A former director of Advantage Solutions told an Accra High Court that Kwabena Adu-Boahene and his wife Angela Adjei Boateng signed cheque books in advance, which were later filled in and used to withdraw funds from accounts linked to the accused in the GH¢49 million National Signals Bureau case.
Universal Merchant Bank has appointed Emmanuel Sackey, a treasury and financial markets expert with over two decades of experience across Ghana and Africa, as Group Head of Treasury. The appointment is part of UMB's strategic transformation and leadership evolution aimed at strengthening financial markets capabilities and positioning the bank for sustained growth.
The Asantehene, Otumfuo Osei Tutu II, has awarded business magnate Daniel McKorley the Otumfuo Commemorative Gold Medal in recognition of his contributions to business, job creation and community development. The honour was presented at the World-Meets-in-Ghana Executive Dinner Ball held at Manhyia Palace as part of celebrations marking the Asantehene's 27th coronation anniversary.