In response to reactions towards its restricting customers from using their ATM cards for several transactions, the United Bank of Africa (UBA) appears to have reversed itself. In an email sent by Chukwuma Nweke the bank’s Executive Director, Group COO, the bank apologised for the restriction and said customers could freely use their cards on […]
The Federal High Court sitting in Lagos has struck out a suit filed by the Federal Government against seven leading commercial banks. The FG had previously sought to seek the remittance of the sum of $793,200,000 allegedly hidden with them in contravention of the Treasury Single Account policy instituted by President Muhammadu Buhari in late […]
Pan African banking and financial services group, United Bank for Africa (UBA) Plc has added yet another award to its growing list of laurels as it emerged Most Innovative Bank of the Year at the Independent Newspapers Awards The award which is a recognition of innovative products and services introduced by the bank in the […]
The United Bank for Africa (UBA) Plc Friday launched the maiden edition of its Campus Ambassador Programme with the induction of the first 15 brand ambassadors. The UBA Campus Ambassador Programme is an initiative to identify young emerging leaders among students of tertiary institutions and give them a unique and highly rewarding learning experience. The […]
The United Bank for Africa (UBA) will be strongly represented at the annual meeting of the World Economic Forum (WEF), which begins in Davos, Switzerland today. UBA CEO Kennedy Uzoka leads a senior executive team, at one of the most important events on the global economic calendar. The UBA delegation will interact with global business and political leaders during the event. The delegation will also include Group Head of Correspondent Banking Sola […]
UBA Plc on Wednesday announced the commencement of the closed period for trading in the bank’s shares. The bank said, ““In compliance with the NSE rule book and the amendments to the Listing Rules, the closed period commenced January 11, 2017in respect of the Accounts and Financial Statements for the period ended December 31, 2017.” A close period is a period, usually […]
…rewards customers with Cash Prizes, Beats by Dre, DSTV explorers Pan-African financial services group, United Bank for Africa Plc, UBA, has announced the commencement of its annual end of year campaign, Cashless December. This year’s edition has been themed “25 Days of Awesomeness” and it seeks to reward cashless living. Customers who use UBA […]
The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a US$ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria. According to a statement from the development bank, “The Fund will support development of productive sectors of the economy; […]
Amidst dwindling share prices in a falling equities market, owners of shares in Access Bank Plc, Guaranty Trust Bank and United Bank for Africa (UBA) Plc can smile to the bank with a total gain of N155.4 billion in eleven months of trading on the Nigerian Stock Exchange (NSE). Appreciation of investment in these financial […]
Pan-African financial services group, United Bank for Africa Plc repeated the outstanding feat, it recorded last year at the 2nd edition of Nigeria CFO awards, with a notch higher when its Group Chief Finance Officer (Group CFO) and the Finance Team bagged the treble at the awards night held on November 19, 2016 at Oriental […]
Pan-African financial services group, United Bank for Africa Plc repeated the outstanding feat, it recorded last year at the 2nd edition of Nigeria CFO awards, but took it a notch higher when its Group Chief Financial Officer (GCFO) and the Finance Team bagged the treble at the awards night held on November 19, 2016 at […]
United Bank for Africa (UBA) Plc is promoting financial literacy among young school children in Nigeria. To this end the bank’s Executive Director, Lagos and West, Mr. Ayoku Liadi was at the Olivet Baptist High School in Oyo to mentor and teach the students on the benefits of inculcating financialdiscipline. “The Future belongs to […]
United Bank for Africa has continued to receive accolades and global recognition for its commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was adjudged winner in two categories at the recently concluded Finacle Client Innovation Awards 2016, organised in India by Infosys […]
MEC, Inc. announced on Thursday it has entered into agreements with pan-African financial services group, United Bank for Africa (UBA) Plc to provide a revolutionary email-based billing, payment and banking software system called “EmailMoni.” EmailMoni represents the world’s latest fin-tech for cloud banking and social payments, and is expected to transform the payments, invoicing/billing and remittances landscape in […]
Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (“UBA” or “the Bank”), announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. The Bank recorded an appreciable growth in both funding […]
The European Investment Bank (EIB) and United Bank for Africa (UBA) have agreed on a new EUR 60 million lending programme to support private sector investment across Nigeria. This represents the EIB’s largest ever loan to UBA and will allow UBA to provide longer term loans than currently available to private companies in Nigeria. UBA […]
The United Bank for Africa (UBA) has said it has been readmitted by the Central Bank of Nigeria into the Foreign Exchange Market following its remittance of all NNPC/NLNG dollar deposits. An emailed statement from UBA reads “we are pleased to inform our valued customers, stakeholders and business partners as well as the general public that the CBN has […]
…Five year deal across 19 markets focused on driving financial inclusion in Africa United Bank Africa (UBA) and MasterCard have announced a partnership which will see UBA act as the issuer for MasterCard in 18 new markets in Africa. The partnership which came into effect in the second quarter of 2016 will see UBA […]
…as UBA stock now best performing on the exchange Fitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”, as the pan-African banking group continue to sustain its benchmark asset quality and strong profitability amidst industry and macroeconomic challenges. UBA is one of […]
Pan Africa financial services group, United Bank for Africa Plc has announced its unaudited results for the first quarter of 2016 showing gross earnings of N74 billion and profit before tax of N18 billion for the three months ended March 2016. The Group sustained its strong profitability, recording an annualized 20% return on average equity […]