Audio By Carbonatix
The holding company of UT Bank, UT Holdings plans listing on the Johannesburg Stock Exchange by 2015.
The Company has already established a non-bank financial institution in South Africa.
Chief Executive of UT holding, Prince Kofi Amoabeng disclosed to Joy Business when UT Bank took its turn at the Ghana Stock Exchange Facts behind the figures session on Tuesday.
UT Holdings is the parent company of UT Bank, UT Life Insurance, UT Properties and UT Debt Collections.
UT Bank’s profit before tax for 2011 shot up by 42 percent to 17 million Ghana cedis, non-funded income went up by 157 percent to 28 million, while loans and advances increased by 53 percent to 482 million Ghana cedis.
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
-
Fulham’s Wilson down Chelsea in front of new boss Rosenior
58 seconds -
Manchester City continues to flater with Brighton draw
5 minutes -
Sesko score twice as Fletcher’s Man United held at Burnley
12 minutes -
24-Hour Economy delay: Full manifesto delivery takes more than a year- Sanja Nanja
26 minutes -
Adekunle Gold and Simi welcome twins
38 minutes -
Carrick and Solskjaer frontrunners for Man United caretaker role
41 minutes -
U.S. Immigration authorities detain Ken Ofori-Atta over visa status
43 minutes -
Barca make Spanish Super Cup history to book semi final spot
55 minutes -
FIFA will scan World Cup players to make offside avatars
1 hour -
Former England boss Kevin Keegan diagnosed with cancer
1 hour -
‘Stop calling me Davido’s wife’ – Sophia Momodu warns fans
1 hour -
Jimmy Aglah: The price of gold – the fight for Sikakrom’s soul
1 hour -
Regina Daniels finally surrenders self for drug test
2 hours -
Burna Boy’s ‘I Told Them’ becomes highest-grossing tour by African artist in historyÂ
2 hours -
Photos: Interdenominational Thanksgiving Service to mark one year of Mahama presidency
3 hours