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27.05.2012 Business & Finance

UT Bank is Bank of the Year 2011

By Graphic Ghana - Daily Graphic
Prince Kofi AmoabeingPrince Kofi Amoabeing
27.05.2012 LISTEN

Prince Kofi Amoabeing UT Bank was declared Ghana’s best bank at the 2011 Ghana Banking Awards held at the Accra International Conference Centre, Saturday night.

Apart from winning the prestigious Bank of the Year award, UT Bank also won Best Bank - I.T/Electronic Banking, Best Bank - Financial Performance and placed first runner-up in Customer Care, Advisory Services, Medium Term Loan Financing, Most Socially Responsible Bank, Retail Banking and came second runner-up in Corporate Banking.

Organised by Corporate Initiative Ghana, the 2011 Awards was under the theme: Leveraging ICT to transform the Financial Services Sector.

Unibank won Best Bank - Customer Care, Best Bank - Corporate Banking, Best Bank - Trade Finance and Best Bank - Advisory Services and capped their performance with the second runner-up in Short Term Loan Financing.

Prudential Bank won Best Bank - Long Term Loan Financing and Best Bank - Medium-Term Loan Financing and second runners-up in both Competitive Pricing and Retail Banking.

And for UBA which won Best Bank - Short Term Loan Financing, it was first runner-up in Trade Financing, I.T/Electronic Banking; first runner-up in Best Growing Bank, and first runner-up in Corporate Banking, and came second runner-up in Medium-Term Loan Financing as well as Long-Term Loan Financing.

Out of 18 award categories at stake, there were no winners in four categories - Best Bank - Product Innovation; Best Bank - Export Finance; Best Bank - Agriculture Financing and Special Award - Best Bank, Mobile Banking

Below is the list of winners
Bank of the Year : UT Bank
Best Bank - Corporate Banking : Unibank
Best Bank - Retail Banking : Cal Bank
Best Bank - I.T/Electronic Banking : UT Bank

Best Growing Bank : Fidelity Bank
Best Bank - Customer Care : Unibank
Best Bank - Most Socially Responsible Bank : Zenith Bank

Best Bank - Competitive Pricing : Ecobank Ghana

Best Bank - Financial Performance : UT Bank
Best Bank - Trade Finance : Unibank
Best Bank - Advisory Services : Unibank
Best Bank - Short Term Loan Financing : UBA
Best Bank - Long Term Loan Financing : Prudential Bank

Best Bank - Medium-Term Loan Financing : Prudential Bank

Best Bank - Product Innovation
Best Bank - Export Finance
Best Bank - Agriculture Financing
Special Award - Best Bank, Mobile Banking
source: Joy FM

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