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UNITED BANK FOR AFRICA
Over the years, cross-border payments in Africa faced several challenges, including high costs, slow transaction times, and regulatory fragmentation.
Africa’s global bank, United Bank for Africa (UBA) Plc, has secured a N5 billion loan facility from the Bank of Industry (BOI), to boost key sectors of the economy and support the growth of sustainable and viable businesses in the country, especially the micro, small, and medium enterprises (MSMEs) owned by women.
In a display of compassion and commitment to societal well-being, UBA Foundation, the Corporate Social Responsibility arm of United Bank for Africa (UBA) Plc, extended its generosity to the less privileged in Lagos through its charity outreach program.
As global trade tensions escalate, Chief Executive Officer of United Bank for Africa (UBA), Oliver Alawuba, has called for a renewed focus on intra-African trade to mitigate the impact of rising international tariffs.
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced that its Artificial Intelligence chatbot, LEO, is now enabled to carry out cross-border payment transactions.
UBA Group senior executives recently concluded the Group’s Half Year Business Review.
Africa’s Global Bank, United Bank for Africa (UBA) is set to host another edition of its highly anticipated quarterly Business Series, with a strong focus on empowering Micro, Small, and Medium Enterprises (MSMEs) to build strong businesses that will drive lasting impact across the continent.
United Bank for Africa (UBA) through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF), as part of its continued commitment to secure environment for individuals and businesses.
As part of President Bola Ahmed Tinubu's state visit to France, the Chairman of UBA Group, in the presence of President Tinubu and the President of France, Emmanuel Macron, signed a landmark business cooperation agreement with the French Finance Minister, Antoine Armand.
Nigeria's leading commercial banks recorded significant FX revaluation gains, estimated at a combined total of N3.37 trillion in 2023 and Q1 2024, primarily due to the devaluation of the Naira last year.
United Bank for Africa Plc is set to launch the "UBA Legacy Promo" as part of activities to mark its 75th year anniversary.
The Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Body of Banks’ CEOs.