How many employees work at Universal Merchant Bank?
Universal Merchant Bank has approximately 1,202 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Universal Merchant Bank's total headcount has declined 2.5% from 1,232 employees in 2023 to 1,202 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026
About Universal Merchant Bank's Workforce
Universal Merchant Bank is a Financial Services company that employs 1,202 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 1972, the company is headquartered in Accra, Ghana.
Universal Merchant Bank's workforce has declined 2.5% from 2023 to 2026, though it is up 0.3% year over year in 2026. It fell to a low of 1,156 in 2024 Q3 before recovering. Its workforce is concentrated most in Ghana (96.8%), followed by the United States (1.2%) and the United Kingdom (0.6%), with Ghana, its fastest-growing location, up 1.7%.
Universal Merchant Bank's largest functional groups are Finance and Operations (45.8%), Sales and Marketing (32.5%), and Engineering (21.7%), with Sales and Marketing growing fastest (up 3.9%). Median employee tenure is 4.3 years. The average salary is $9,380, ranging from a median of $43,000 in Northern America to $5,000 in Sub-Saharan Africa.
Universal Merchant Bank overall sentiment is neutral and flat. Its peers rank it 10th by headcount among 11 peers. The fastest-growing country by headcount is Ghana, where the workforce share stands at 96.8% and has grown by 1.7%.
Sourced from Revelio Labs workforce data.
As of March 2026
Universal Merchant Bank
workforce metrics
Headcount
1.2k
0.3% YoY
Avg. Salary
$9.4k
0.1% YoY
Tenure
4.3yr
0.3yr YoY
Growth Rate
0.3%
0.8pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Universal Merchant Bank. Compare to peers, export the dataset, and access the full quarterly history.
- Universal Merchant Bank had 1,202 employees in 2026, a 0.3% increase (+35) from 2025.
- Universal Merchant Bank had 1,201 employees in 2025, a 0% no change (+21) from 2024.
- Universal Merchant Bank had 1,180 employees in 2024, a 1.2% increase (-14) from 2023.
- Universal Merchant Bank had 1,194 employees in 2023, a 0.1% decline (-11) from 2022.
Universal Merchant Bank's total workforce has grown from 1,156 employees in 2024 to 1,202 in 2026. Universal Merchant Bank's headcount peaked at 1,232 in 2023 before declining in 2024 and recovering through 2025 and 2026.
Universal Merchant Bank — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 1,202 | +35 | +0.3% |
| 2025 | Q4 | 1,201 | +21 | -0.0% |
| 2025 | Q3 | 1,198 | +42 | +2.5% |
| 2025 | Q2 | 1,170 | -4 | +0.8% |
| 2025 | Q1 | 1,167 | -41 | -0.5% |
| 2024 | Q4 | 1,180 | -14 | +1.2% |
| 2024 | Q3 | 1,156 | -33 | -0.5% |
| 2024 | Q2 | 1,174 | -58 | -2.5% |
| 2024 | Q1 | 1,208 | -6 | +0.9% |
| 2023 | Q4 | 1,194 | -11 | -0.1% |
| 2023 | Q3 | 1,189 | +19 | +1.0% |
| 2023 | Q2 | 1,232 | +72 | +5.0% |
Want to see Universal Merchant Bank's complete headcount history back to 2008, including quarterly breakdowns?
Ghana accounts for the largest share of Universal Merchant Bank's global workforce with approximately 97% of total employees, followed by the United States and the United Kingdom. Universal Merchant Bank's headcount in Ghana is growing fastest among its major locations, up 1.7% year over year in 2026.
Universal Merchant Bank employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| Ghana | 1,152 | 96.8% | +1.7% |
| United States | 14 | 1.2% | +0.0% |
| United Kingdom | 7 | 0.6% | +0.0% |
| Canada | 4 | 0.4% | +0.0% |
| Ethiopia | 3 | 0.3% | +0.0% |
| South Korea | 3 | 0.3% | +0.0% |
| Botswana | 2 | 0.2% | +0.0% |
| Denmark | 2 | 0.1% | +0.0% |
| Australia | 1 | 0.1% | -50.5% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Universal Merchant Bank's largest employee groups are Finance and Operations (45.8%), Sales and Marketing (32.5%), and Engineering (21.7%).
Universal Merchant Bank employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 544 | 45.8% | +1.5% |
| Sales and Marketing | 387 | 32.5% | +3.9% |
| Engineering | 257 | 21.7% | -0.9% |
Compare Universal Merchant Bank's department mix to industry peers.
Universal Merchant Bank's average employee salary is $9,380 globally. Employees in Northern America receive the highest compensation, with median pay approximately 4.6x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $5,000.
Universal Merchant Bank median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $43,000 |
| Northern Europe | $41,000 |
| Sub-Saharan Africa | $5,000 |
Unlock salary by role, level, and city — and compare to Universal Merchant Bank's industry peers.
Revelio Labs tracks employee sentiment across Universal Merchant Bank's workforce based on public professional data. Overall sentiment is neutral and has held steady year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Financial Services Companies by Employee Count
- How fast is Universal Merchant Bank growing?
- In 2026, Universal Merchant Bank's headcount grew 0.3% to 1,202 employees, up from 1,167 in 2025.
- Where are Universal Merchant Bank employees located?
- Most Universal Merchant Bank employees are based in Ghana (96.8% of headcount), followed by the United States and the United Kingdom.
- What is the average salary at Universal Merchant Bank?
- The average employee salary at Universal Merchant Bank is approximately $9.4k per year.
- When was Universal Merchant Bank founded and where is it headquartered?
- Universal Merchant Bank was founded in 1972 and is headquartered in Accra, Ghana.
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