Nana Dwemoh Benneh
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 GH¢150,000 to 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 NARMG formed part of the many financial interventions UMB had 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 NARMG.”
In his statement, UMB Director of Consumer Banking, Samuel Sakyi-Hyde, stated, “The partnership agreement with the NARMG 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 to take advantage of the loan offering to access up to GH¢150,000 without worrying about providing collaterals or becoming customers of the bank.
In her remarks, Leticia Atiah, President of the NARMG, commended UMB for the timely financial intervention, as the loan product would help alleviate the financial burdens the pandemic had 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.
A business desk report