Union Trust Bank Limited (UTB) was incorporated on 26th April 1995 as a private limited liability company under the Companies’ Act (Cap.249) of the Laws of Sierra Leone. It is licensed by the Bank of Sierra Leone to carry on banking business under the Banking Act, 2000.

The shareholders of the bank, comprising indigenous individuals and corporate entities, constitute a cross-section of the principal actors in the national economy. This character renders UTB the first major private financial institution to be conceived, promoted, owned and managed by indigenous Sierra Leoneans.
From the initial authorized share capital of Le1.5 billion, the bank increased its capital to Le3.0 billion in 2004

• Designing, developing and delivering products and services at affordable cost;
  Satisfying customers and earning their trust and loyalty;
• Creating individual and national wealth;
• Enhancing shareholder value and returns; and
  Always behaving and acting as a socially responsible corporate personna.