Audio By Carbonatix
UT Bank, one of the top 10 banks on the Ghana Club 100 list has introduced, for the first time in Ghana, two vans on which customers and prospective customers can access full banking services almost at their door step.
The service, better described as “Bank on Wheels”, enables the bank to move its full banking services, including ATM, foreign exchange service, saving, loans transaction and others to markets, schools and various communities which do not have access to banking service.
Deputy Managing Director at UT Bank, Pearl Esua-Mensah explained that it is expensive opening branches in areas where the returns are very little, but UT had always wanted to bank as many of the unbanked Ghanaians as possible and that was the motivation for the “Bank on Wheels”.
“This means the many Ghanaians who do not have time to travel long distances to banks in other towns, those who keep their moneys under their beds, and traders who keep moneys in their shops can now save and access their moneys safely and conveniently when UT‘s Banks on Wheels goes their way,” she said.
She said for starters there are two banks of wheels, which have already started going to some markets such as the ones in Kasoa, Nkawkaw and some deprived communities in and around Accra.
But with the full approval of the bank of Ghana, UT plans to bring in more of the Bank of Wheels vans to travel the length and breadth of the country offering banking services to Ghanaians.
“The bank on wheels will go to different areas on schedule so people just need to know when their turn is and then go to the bank,” she said.
UT bank also announced it would open six new branches this year, at Tamale and in parts of Accra and Kumasi.
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
-
Goldbod is rewriting Ghana’s gold story and restoring national value – Senyo Hosi asserts
8 minutes -
Goldbod: Loss or no loss? The price of everything and the value of nothing
13 minutes -
Government settles US$709m Eurobond obligations ahead of due date
14 minutes -
Low inflation and cheaper imports show Goldbod’s true economic value – Senyo Hosi
16 minutes -
VAT reforms: GRA raises registration threshold to GH¢750,000, cuts rate to 20% from Jan. 2026
18 minutes -
NPP Primaries: Dr Bawumia takes commanding 73% lead — latest Global InfoAnalytics report
30 minutes -
DGPP helped Ghana defy IMF currency forecasts and stabilise the Cedi – Senyo Hosi
31 minutes -
Guinea junta chief wins presidency in controversial election
34 minutes -
Cassava from reclaimed mine lands found to contain unsafe cyanide and lead levels – Study reveals
41 minutes -
Gov’t settles $709m eurobond payment ahead of schedule – Ato Forson
47 minutes -
Fuel prices set to drop from Jan 1, 2026 on cedi strength and falling crude prices
50 minutes -
‘Be vigilant, be professional’ – Private security guards urged to stay alert during festivities
54 minutes -
NPP race: Bawumia holds commanding lead – Global InfoAnalytics
59 minutes -
Goldbod has slashed gold smuggling and boosted official exports – Senyo Hosi
2 hours -
Israel to bar 37 aid groups from Gaza
3 hours
