[2] UTB was a medium-sized financial services provider headquartered in Ghana with subsidiaries in West Africa and Western Europe.
In 1997, Joseph Nsonamoa and Prince Kofi Amoabeng co-founded Financial Services and then renamed it Unique Trust Financial Services.
In 2008, UT (Unique Trust) Holdings Limited acquired majority shareholding in a Ghanaian commercial bank called BPI Bank.
The remaining assets and liabilities will be realised and settled respectively through a receivership process to be undertaken by Messers Vish Ashiagbor and Eric Nana Nipah of PricewaterhouseCoopers (PwC)".
On the same day, the Ghana Stock Exchange announced[9] that it had suspended the listing of UT Bank indefinitely.