UT Bank (UTB), formally known as UT Bank Ghana Limited, was a commercial bank in Ghana until 2017 when its license was revoked by the Bank of Ghana due to severe impairment of their capital and was taken over by GCB Bank. As of February 2011, the bank was one of the commercial banks licensed by Bank of Ghana, the national banking regulator. UTB was a medium-sized financial services provider headquartered in Ghana with subsidiaries in West Africa and Western Europe. On August 14, 2017, the bank of Ghana announced it had revoked its license, together with Capital Bank. The bank was taken over subsequently by GCB Bank. More information...
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