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Union Trust Bank Opens Branch in New England Freetown, Sierra Leone
By Bampia J Bundu
Sep 15, 2008, 19:55
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The Union Trust Bank (UTB) on Saturday September 13th 2008 formally opened its newly constructed branch at New England Ville in Freetown. The building is located opposite the Special Court building.

The New England Branch of UTB is the second branch opened by the management last week. The first was opened last Saturday at Brookfields by National Stadium Car Park.

CEO Union Trust Bank, Mr. James Sanpha Koroma delivering a statement

UTBs Marketing and Business Manager Mr. Kobie Walker expressing appreciation ing

Speaking at a gracious ceremony that attracted various distinguished personalities from all works of life, UTBs Marketing and Business Manager Mr. Kobie Walker expressed appreciation to the people of New England Community for gracing the programme and assured them to rely on the Bank as it is the only Sierra Leonean owned Bank presently operating in the country and all its investments are implemented in the country. He added that UTB has provided sixty million Leones to the countrys educational sector. This, he said, is a big boost to the country. He encouraged parents to open savings accounts for their children so that they too can benefit from the scheme.

Chairman Union Trust Bank, Dr. Sheku Tejan Kamara cutting the tape to unveil the Bank at New England Vill

Staff of Union Trust Bank pose for Awareness Times Camera

Delivering his statement, UTBs Chairman Dr. Sheku Tejan Kamara said the decision to open a branch of the Bank in New England was to ease the burden of its valued customers who normally have to travel all the way to the central business district to transact business with the Bank. He used the gathering to call on residents of the area to make good use of the opportunity offered them by the Bank.

He disclosed that UTB is the only indigenous Bank owned fully by Sierra Leonean businessmen and customers should have confidence doing business with the bank.

Dr. Kamara called on everyone to invest with the Bank as their services are highly reliable. He added that they know the plight of the people as the outlet will help reduce traffic jam in the city, save transportation costs and time.

When you bank with Union Trust your money is safe and you get it when you want it, he said.

Front View of the Bank at New England Vill

Chief Executive Officer of UTB, Mr. James Sanpha Koroma reiterated that they know the needs of the community people in particular and the country as a whole. He said they should have confidence in the Bank because UTB is the only Sierra Leonean owned Bank with purely Sierra Leonean staff.

He assured that the Bank is here to stay and develop Sierra Leone as it has been operating in the country for the past 13 years with established branches all over the country.

Sanpha Koroma further encouraged the general public to save their money and other valuable assets and documents with the Bank adding that the Bank is the first ever to operate the Western Union Money Transfer and after thirteen years of excellent service the Bank is growing stronger and stronger.

Sanpha Koroma revealed that UTB offers a number of services including Current Account, Savings Account, Foreign Currency Savings, Export Finance Facilities, Fund Management Project, Small and Medium Term Scale Financing, Internet Banking, SMS, Kids Savings Accounts, School Fees Saving Plans and the Western Union Global Fund Transfer.

A Cross-section of the crowd who witnessed the ceremony

The dynamic CEO reiterated that one of the main reasons why they are establishing branches all over the country including Brookfields and New England Ville communities is to reduce traffic jam in the city and save the transportation cost of their customers and avoid queuing in their branches.

However, Mr. Sanpha Koroma encouraged members of the New England Ville communities to make good use of the bank as there are facilities that the Bank offers for its customers.

Mr. Koroma pointed out that the Bank had put sixty million Leones for back to school as any customers who transact business with UTB is entitled to a raffle tickle which the Bank issues to its customers for the raffle drawn.

The process had already started from the 10th September to the 10th October 2008 as customers will have the chance to win many things for their children such as back to school gifts from UTB.

Councellor Denis Smith Pouring Libation before the opening of the Bank

Speaking on behalf of the community, Councilor Dennis Smith pouring the libations called on the spirit of ancestors to give guidance to the staff of UTB. He also assured the management of the peoples support adding that the provision of outlets is a step in the right direction.

Sierra Leone needs to move forward and that is what UTB is doing presently, he said, adding that, UTB is owned by Sierra Leoneans and that it should be protected by its people. He called on the people to patronize the banking notion.He described New England as a business community with a lot of people and the opening of the outlet gives hope that UTB is really a bank for the people.

Cultural performance concluded the ceremony


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