Merchant Bank now Universal Merchant Bank

By: Mathias Amoah

The management of Merchant Bank Ghana has change the name of the bank to Universal Merchant Bank.

The Universal Merchant Bank intend to delivers customer-focused banking services that are friendly, relevant, interesting, rewarding, intuitive and fun.

The re-branding will see its previous colours blue and white change to black and yellow, likewise the logo of the bank. This reflect the bank’s new look and image intends to reclaim its position as the premier corporate bank and expand into retail banking.

The Chief Executive Officer of the bank, Ms Nilla Selormey said this does not imply that the good practices and achievement of that bank are gone. According to her the change of name implies growth, new ideas, new and improved products.

‘As a proud parent trains a child to grow properly, and carry on the family name, so will we carry the torch that was lit when Merchant Bank was founded. We bring new experiences, new expertise, and freshness to your bank. Welcome to tradition, welcome to freshness, welcome to Universal Merchant Bank,’ she stated.

The bank is poise of good products, convenience atmosphere, people and local expertise, and service and international standards.

Fortiz Private Equity Fund acquired 90% shares of Merchant Bank, value at GH¢90 million for a majority stake in the bank.

This was after Fortiz made full payment for shares of Merchant Bank (Ghana) Limited by the transfer of funds held at the Bank of Ghana into the operating account of Merchant Bank (Ghana) Limited.

The remaining shares are been held by social security and national insurance trust (SSNIT) 8.96% and SIC Life 1.04%.

Comments

Shortage of weighing cards hit major hospitals in Accra

By: Fred Yaw Sarpong- Daily Express There is scarcity of Child Health Records Book (weighing cards), in some major public hospitals in the capital, information reaching the Daily Express indicates. Checks by this paper revealed that while some of the hospitals have being encountering the shortage for about a year now, others started experiencing it six months ago. In place of the Child Health Record Book (weighing card), the nursing mothers are given a single card on which information of children are recorded on it. Those hospitals identified are the Korle Bu Teaching Hospital, Korle Bu Polyclinic, Kaneshie Polyclinic, Adabraka Polyclinic and the Ridge Hospital. At the Korle Bu Teaching Hospital, the nursing mothers are given yellow cards in place of the weighing cards. The Public Relations Secretariat at the Korle Bu Teaching Hospital said such information has not come to their notice and for that matter they cannot comment on it. “We do not have some

90 African Journalists entertain by Disney Africa

By: Fred Yaw Sarpong- Daily Express Mauritius Disney Africa welcomed 90 journalists from across Africa to their first ever showcase to media from the continent, at this year’s Multichoice Africa Content Showcase Extravaganza. On Thursday 3 September, guests received a Disney Movie ticket which gained them entry to the special outdoor screening, set under the stars on the lawns of the idyllic Outrigger Beach Resort in Mauritius . After receiving their own Disney picnic basket and blankets, full of delicious treats and filling food, the guests made their way to the seating area, replete with comfortable chairs and loungers. Once the Disney fans were settled, the vast outdoor screen lit up and the evening’s festivities were well under way. A welcome speech by Deirdre King, Head of Marketing for the Walt Disney Company Africa, preceded the screening of two animated shorts. The first, the Academy Award-nominated Get a Horse, featured Disney favourites like Mickey, Minni

ABL launches chibuku super in Bolgatanga

By: Fred Yaw Sarpong sarpong007@gmail.com Accra Brewery Limited (ABL) has officially launched the Chibuku Super drink at Bolgatanga in the Upper East region with the aim of reaching a lot of customers. Mr. Thomas Nii Ponku, Supervisor in charge of Chibuku Super at ABL told Daily Express that the management decided to launch the Chibuku Super drink in the Upper East region because they’ve realized it is similar to a traditional drink in the region. “Chibuku is like a well developed pito, a traditional drink made from fermented millet or sorghum in the Northern part of Ghana. So the idea is to provide them with similar drink,” he added. Mr. Nii Ponku disclosed this when members of the Institute of Finance and Economic Journalists (IFEJ) toured the facility of ABL to acquaint themselves with the expansion project at the factory. He mentioned that after a feasibility study, they realized there is a potential market for the product in the northern part of Ghana

SARPONG'S BLOG

Search This Blog