Type Public: NSE:UBA Website Website Founded 1949 | Areas served Worldwide Motto Africa's Global Bank Headquarters Lagos, Nigeria | |
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Industry Financial Services, Banking, Investment Services Key people Tony Elumelu (C.O.N)
Group Chairman
Kennedy Uzoka
Group Managing Director & Chief Executive Officer Products Internet banking U-Direct
Mobile banking U-Mobile
Wholesale Banking
Corporate banking
Investment Banking
Consumer Banking
Money Transfer
Debit Cards
Collections
Treasury
Trade
Savings Accounts
Current Accounts
Domiciliary Accounts
Non-Resident African Banking CEO Phillips Oduoza (1 Aug 2010–) Subsidiaries United Bank for Africa (Kenya) Profiles | ||
New united bank for africa chairman tony elumelu
United Bank for Africa (UBA) Plc, is a Nigerian multinational financial institution. It is one of Africa's best and most resilient banking Groups with operations in 19 African countries and offices in three global financial centers: London, Paris and New York.
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United bank for africa uba management development program
Overview
United Bank for Africa (UBA) Plc is one of Africa’s largest financial institutions with operations in 19 African countries and 3 global financial centers; New York, London and Paris. UBA has more than eight million customers and 700 business offices globally.
History
UBA has been operating in Africa since 1949, referred to then as the British and French Bank Limited (BFB). It took over the assets and liabilities of BFB and was incorporated as a limited liability company on 23 February 1961 under the Compliance Ordinance (Cap 37) 1922.
In 2005, it completed one of the biggest mergers in the history of Nigeria’s capital markets with the business combination with Standard Trust Bank (STB) Plc. From then, it continued to expand to Ghana, Benin Republic, Côte d'Ivoire, Burkina Faso, Guinea, Chad, Cameroon, Kenya, Gabon, Tanzania, Zambia, Uganda, Liberia, Sierra-Leone, Mozambique, Senegal, Congo DR and Congo Brazzaville. UBA is listed on the Nigerian Stock Exchange, where it is publicly traded under the symbol "UBA".
Offshore subsidiaries
Landmarks
- UBA was the first among international banks to be registered under Nigerian Law in 1961.
- UBA is the first Nigerian bank to offer an IPO following its listing on the Nigerian Stock Exchange in 1970.
- UBA is the first Nigerian Bank to introduce a Cheque Guarantee Scheme – the first cheque guarantee card in the history of innovative banking services by any Bank in Nigeria, known as UBACARD in 1986.
- UBA is the first and only Nigerian Bank to obtain a banking license in the Cayman Islands −1988.
- First ever and only Nigeria bank to hit the NGN1 trillion balance sheet size (including contingents).
- UBA is the first Nigerian bank to embark on a GDR programme in 1990.
- UBA is the First bank in Nigeria to institute a foundation – UBA Foundation; the Corporate Social Responsibility arm of the UBA Group.
- UBA Introduced First Visa Dual Currency Debit Card in Nigeria.
- UBA and MoneyGram open first dedicated MoneyGram location in Nigeria.
- Successful underwriting of the first 100 percent local funding of an ExxonMobil/NNPC Joint Venture Project.
- UBA launches Nigeria's First Cash Deposit ATMs