The United Bank for Africa (UBA) on Wednesday redeemed its debut $500 million 5-year Eurobond notes with the maturity date of June 8, 2022. Issued in 2017, the five-year bond was offered at a coupon rate of 7.75%, and raised to support the Bank’s business in key sectors of the economy. As part of UBA’s…
Tags: Kennedy Uzoka
UBA Upgrades Chatbot features, as Leo launches service on Google Business Chat, Instagram
United Bank for Africa (UBA) Plc has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram. Leo – UBA’s AI-powered chatbot, which enables customers to make use of their social media accounts to carry out key banking transactions – was first introduced in January, 2018. It…
UBA Posts 18% Growth in Earnings as Profit Hits N44.5bn
Africa’s global bank, United Bank for Africa (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2022, recording impressive growth across its income lines. The bank’s result which was released to the Nigerian Stock Exchange on Tuesday showed that gross earnings rose by 18.3% from N155.4 billion in 2021 to…
At UBA’s 60th AGM, Elumelu Upholds Commitment to Exceed Growth Trajectory, Create Value for Shareholders
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has assured shareholders and investors of its unwavering commitment to sustain its current growth trajectory even as its efforts at business diversification across Africa and beyond continues to yield increasing returns. The Group Chairman, Tony Elumelu, who made this declaration at UBA’s 60th Annual General Meeting,…
UBA’s Diversified Business Model, Enhanced Digital Platforms Key to Financial Gains – Uzoka
Africa’s global bank, United Bank for Africa (UBA) Plc, has assured its shareholders and investors of excellent performance in the 2022 financial year, as the bank continues to deepen its foothold to reap the benefits of its investments in strong and innovative digital product offerings and expanded scope over the past few years. The Group…
UBA Delivers N153 Billion Profit, Records 11% Balance Sheet Growth
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited results for the full year ended December 31, 2021, reporting impressive performance in key financial metrics. The 2021 financial result filed by the bank at the Nigerian Stock Exchange (NSE) on March 4, 2022, showed that gross earnings rose significantly to N660.2…
UBA Gifts Customers Awesome Digital Experience at Valentine with New Internet Banking
Africa’s global bank, United Bank for Africa (UBA) Plc, is set to launch the new internet banking, tagged ‘Made for Love’ in time for the Valentine season which is widely celebrated all over the world as the season of love. The newly upgraded internet banking has been fully equipped to provide a new digital experience…
Eziaku Esther, Emerges Winner of UBA Foundation’s NEC 2021
UBA Foundation, the CSR arm of the United Bank for Africa (UBA) Plc, on Tuesday, held the Grand finale of its eleventh annual National Essay Competition (NEC) at the Tony Elumelu Amphitheatre at the UBA House, Marina Lagos, in a ceremony that was well-attended by students, staff and parents. A visibly excited 15-year-old Eziaku Esther,…
UBA Group Dominates the 2021 Banker Awards, Wins ‘African Bank of the Year’
Africa’s global bank, United Bank for Africa (UBA) Plc yet again, reaffirms its leadership position across Africa, as the bank has been globally recognised as the African Bank of the year 2021 by the Banker Magazine, a leading global finance news publication published by the Financial Times of London. UBA’s solid financial performance, its excellent…
Ex-Staff Launches UBA Alumni Network
It was an interesting and auspicious time to see ex-staff of Africa’s global bank, United Bank for Africa (UBA) Plc, come together to launch the UBA Alumni Network. The maiden event took place at UBA’s Amphitheatre on Tuesday, 2021, and was very well attended by Ex-staff in line with the Covid-19 protocols. A number of…