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UBA
News and analysis about UBA
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has restated its commitment towards deepening intra-Africa trade to attain...
The African Export-Import Bank, Afreximbank, and United Bank for Africa (UBA) PLC signed a $150 million trade finance facility agreement, under the Ukraine Crisis Adjustment Trade Financing Programme for Africa.
Major Nigerian banks on the Nigerian stock exchange reported bumper interest income in the first nine months of 2023 as their aggregate loan books grew by N8.45 trillion between January and September 2023.
In its 9-month financial results for 2023, UBA achieved 125% year-over-year growth in return on average equity, reaching 44.37%.
UBA and Saudi EXIM announced a partnership aimed at strengthening business growth and enhancing economic cooperation between their economies.
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has once again expressed its unflinching commitment to help small and medium scale businesses (SMEs) in Nigeria and across Africa to succeed and contribute meaningfully to their economies and the continent as a whole.
On the back of ever-rising interest rates in Nigeria, banks have risen to the occasion to become some of the most profitable entities in Nigeria in 2023.
Oliver Alawuba, the Group Managing Director and CEO of United Bank for Africa Plc (UBA) has purchased an additional 22,816,172 shares of United Bank for Africa Plc, according to information disclosed by the group.
United Bank for Africa Plc reported its 2023 third-quarter results showing pre-tax profits grew by 86.64% year on year, reaching N98.444 billion.
Replicating the remarkable performance achieved in the first two quarters of the current fiscal year, the bank’s gross earnings grew by 115.2 per cent to N1.309 trillion up from N608bn recorded last year, while operating income rose by 146 per cent from N414 billion in September 2022; to N1.018 trillion in the year under consideration.
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has been admitted as a member of the prestigious Partnership for Carbon Accounting Financials (PCAF).
MoneyTO, the London-based remittance operator, is entering into a partnership with Africa’s Global Bank - United Bank for Africa (UBA) Plc, to expand its services and enable customers in Nigeria to receive money transfers from the United Kingdom to their bank accounts or to pick up cash.