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:
Latest Stories
-
Don’t call re-painted old schools brand new infrastructure – Prof Opoku-Agyemang tells gov’t
3 mins -
Sunon Asogli plant will be back on stream in a few weeks – ECG
8 mins -
ECOWAS deploys observers for Dec. 7 election
19 mins -
73 officers commissioned into Ghana Armed Forces
21 mins -
Impending shutdown of three power plants won’t happen – ECG MD
23 mins -
Ghana shouldn’t have experienced any ‘dumsor’ after 2017 – IES Boss
1 hour -
Lamens flouted some food safety laws in re-bagging rice – Former FDA Boss Alhaji Hudu Mogtari
2 hours -
Afcon exit: Our issue is administrative failure and mismanagement, not lack of talent – Saddick Adams
2 hours -
WAPCo to commence major pipeline maintenance and inspection from November 25
2 hours -
CEO of Oro Oil Ghana Limited Maxwell Commey listed among the 100 Most Influential People Awards, 2024
3 hours -
Power crisis: Amandi is off due to maintenance, not debt – ECG Boss
3 hours -
Votes cast for late Akua Donkor to be declared invalid – Electoral Commission
3 hours -
You can’t keep “incompetent” Otto Addo for the long term – Countryman Songo
3 hours -
Joy FM holds 2024 Prayer Summit for Peace
3 hours -
Lady sues Police and AG over assault in custody
4 hours