UT Bank design special “Koowa accounts” for customers

Residents in the Northern region will soon benefit from a current account dubbed “Koowa accounts” specially designed to enhance Small and Medium Enterprises (SMEs) within the region. This current account has minimal charges on all business transactions without incurring lost within the banking sector.  Deputy Managing Director of UT Bank, Pearl Esua-Mensah made this announcement during a launch of the Tamale branch of the Bank.  UT Bank, one of the top 10 banks on the Ghana Club 100 list has twenty-nine (29) branches across the country. Residents will also have the opportunity to enjoy products such as "Koowa accounts, Asset Finance Scheme, mobile banking services among others. Mrs. Pearl says opening a branch in Tamale is crucial and strategic since Tamale is the fastest growing city in West Africa is the obvious choice. According the Deputy Managing Director of UT Bank, they have assessed the business environment and have come out with product and service design to cater for the business needs of residents. Since its operations for the past five years as a non-banking financial services provider (NBFI), in Ghana, the bank has focused on Small Medium Enterprises and indigenous businesses. Despite its concern to attract more customers, UT Bank has been fulfilling it corporate social responsibility by investing and supporting local communities and underprivileged societies. Understanding the business terrain in the northern region, Mrs. Pearl says the UT Bank is partnering with EDAIF, USAID among other organizations in the Agricultural sector to give farmers the opportunity to access credit facilities. This she says will help farmers in the region to produce for both the local market and for export. 

Source: Saaka Alhassan