Saturday, 2 November 2013
Amethis Finance to inject fresh capital into UT Bank operations
Posted on 13:33 by kumar
UT Bank Ltd and Amethis Finance, a Paris based Private Equity Firm, on Thursday announced a USD 10m subordinated loan agreement, subject to approval from the Bank of Ghana.
The funds will support UT Bank's capital base allowing it to efficiently grow its lending to the SME sector. UT Bank’s strategy is to strengthen its positioning in the SME market in Ghana and develop its retail
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