Audio By Carbonatix
Mr Prince Kofi Amoabeng the Chief Executive Officer of UT Holdings, has appealed to clients of UT Bank to invest loans from the Bank in profitable ventures.
"We will deliver on our promises and we expect same from you," Mr Amoabeng gave the advice in response to issues raised at an end-of-year cocktail for its customers in Ho.
He said some clients tended to divert their loans into other non profitable ventures which made it difficult for them to service their loans on schedule.
Mr Amoabeng said those who were unable to meet loan repayment schedules to approach the Bank in good time with their difficulties and not give cause to the Bank to come after them.
"This is because the Bank is also under obligation to meet its commitments to shareholders and depositors on time," he said.
Some of the customers urged the Bank to hold regular seminars for its clients on its loans administration and other policies.
Some were of the view that many potential clients of the Bank were scared because of what they heard about the Bank's approach to recouping loans.
Others however said the Bank's strict approach to loan payment had helped them to become disciplined in their business activities resulting in tremendous gains to them.
Colonel Cyril Necku (rtd), the Deputy Volta Regional Minister, called on the UT Bank to prepare itself to reap the benefits of investments and business opportunities that would be flowing into the region from next year.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
One dead, six rescued after canoe accident on Volta Lake at Yeji
35 seconds -
Video: ‘Semenyo is the perfect Premier League player’ – Haaland
5 minutes -
African youth reject neocolonialism and demand reparations
10 minutes -
WAFU B U-17 Girls Cup: 22 Black Maidens players invited to begin camping
18 minutes -
My journey from running mate to former Vice President is by God’s divine will – Bawumia
33 minutes -
Private equity veteran Kofi Kwakwa’s firm acquires Ghanaian textile icons GTP and Woodin
42 minutes -
Today’s front pages: Monday, September 7, 2026
47 minutes -
Elizabeth Ohene writes: Your lordship, justice must also be seen to be done
1 hour -
Ghana Water to resume spillage at Weija Dam from Wednesday
2 hours -
Agyarko ends 16-region tour, targets NPP parliamentary comeback in Greater Accra
2 hours -
GIGS welcomes UN adoption of Equal Earth map as correction to ‘450 years of cartographic injustice’ against Africa
2 hours -
‘October 3 is the only poll I believe in’ – Paul Afoko dismisses NPP chairmanship survey
3 hours -
Contractors who delay projects risk losing Big Push contracts – Agbodza
3 hours -
NPA uses Fetu Afahye to educate consumers on petroleum safety
3 hours -
Roads Minister orders contractors to keep working during official visits
3 hours