How many employees work at Universal Merchant Bank?

Universal Merchant Bank has approximately 1,182 total employees worldwide as of December 2025, according to Revelio Labs workforce intelligence data. Universal Merchant Bank's total headcount has declined 2.9% from 1,218 employees in 2023 to 1,182 in 2025.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026

About Universal Merchant Bank's Workforce

Universal Merchant Bank is a Financial Services company that employs 1,182 people worldwide as of December 2025. 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 2.9% from 2023 to 2025, though it is up 1.8% year over year in 2025. It fell to a low of 1,145 in 2025 Q2 before recovering. Its workforce is concentrated most in Ghana (96.6%), followed by the United States (1.1%) and the United Kingdom (0.5%), with Ghana, its fastest-growing location, up 1.9%.

Universal Merchant Bank's largest functional groups are Finance and Operations (44.6%), Sales and Marketing (32.3%), and Engineering (23.1%), with Sales and Marketing growing fastest (up 3.0%). Median employee tenure is 4.3 years. The average salary is $9,405, ranging from a median of $54,000 in Pacific Islands to $5,000 in Sub-Saharan Africa.

Universal Merchant Bank's sentiment is neutral and flat. The company sits as the 10th of 11 peers by headcount. The fastest-growing region is Ghana, and the top country for headcount remains Ghana with 96.6% of employees.

Sourced from Revelio Labs workforce data.

As of December 2025

Universal Merchant Bank
workforce metrics

Headcount

1.2k

1.8% YoY

Avg. Salary

$9.4k

0.5% YoY

Tenure

4.3yr

0.3yr YoY

Growth Rate

1.8%

4.5pts YoY

Hiring Rate

Attrition Rate

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Interactive chart of Universal Merchant Bank annual worldwide employee count from 2023 to 2025.
  • Universal Merchant Bank had 1,182 employees in 2025, a 1.8% increase (+22) from 2024.
  • Universal Merchant Bank had 1,160 employees in 2024, a 2.6% decline (-31) from 2023.
  • Universal Merchant Bank had 1,191 employees in 2023, a 1.4% decline (-17) from 2022.

Universal Merchant Bank's total workforce has grown from 1,145 employees in 2025 to 1,182 in 2025. Universal Merchant Bank's headcount peaked at 1,236 in 2023 before declining in 2025 and recovering through 2025.

Universal Merchant Bank — quarterly employee count (20232025)

YearQtrEmployeesYoY ChangeYoY %
2025Q41,182+22+1.8%
2025Q31,184+29+2.4%
2025Q21,145-27-2.3%
2025Q11,148-53-4.5%
2024Q41,160-31-2.6%
2024Q31,155-36-3.1%
2024Q21,172-64-5.3%
2024Q11,201-17-1.4%
2023Q41,191-17-1.4%
2023Q31,191+6+0.6%
2023Q21,236+59+4.9%
2023Q11,218+45+3.8%

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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 1.9% year over year in 2025.

Universal Merchant Bank employees by country — 2025

CountryEmployees% of TotalYoY %
Ghana1,13596.6%+1.9%
United States131.1%+0.0%
United Kingdom60.5%-18.0%
Australia40.3%+0.0%
Ethiopia40.3%+0.0%
South Korea30.3%+0.0%
Canada30.3%+0.0%
Botswana30.2%+0.0%
Ireland20.2%+0.0%
Denmark20.1%+0.0%

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Universal Merchant Bank's largest employee groups are Finance and Operations (44.6%), Sales and Marketing (32.3%), and Engineering (23.1%).

Universal Merchant Bank employees by department — 2025

DepartmentEmployees% of TotalYoY %
Finance and Operations52544.6%+0.4%
Sales and Marketing38032.3%+3.0%
Engineering27123.1%+2.1%

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Universal Merchant Bank's average employee salary is $9,405 globally. Employees in Pacific Islands receive the highest compensation, with median pay approximately 5.7x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $5,000.

Universal Merchant Bank median employee salary by region — 2025 (USD)

RegionMedian Salary
Pacific Islands$54,000
Northern America$43,000
Northern Europe$40,000
Sub-Saharan Africa$5,000

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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 2025.

Overall

NegativePositive

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How fast is Universal Merchant Bank growing?
In 2025, Universal Merchant Bank's headcount grew 1.8% to 1,182 employees, up from 1,160 in 2024.
Where are Universal Merchant Bank employees located?
Most Universal Merchant Bank employees are based in Ghana (96.6% 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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