Business Hilights

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Mr. Kennedy Uzoka

Just in: UBA’s released audited results show profitability growth of 13.3% y/y

More remarks have continued to trail the recently released UBA Plc’s audited FY-19 numbers, which showed that the bank recorded a 14.6% y/y EPS growth to NGN2.52 for the fiscal year. The major takeaway amongst other is that whereas the…

UBA sets aside 10% of total balance sheet to support SMEs

The UBA Group Head, Retail Banking, Mr Jude Anele has revealed that the bank has adopted a policy of setting aside, 10 per cent of the bank’s total balance sheet to support SMEs in countries where the bank operates in…

Finger print, retina recognition now magic wand for UBA in checking e-fraud—Uzoka

Contrary to the recent trended revelation by an arrested bank systems hacker in Lagos that Nigerian banks remains some of the easiest to hack, the Group Managing Director/CEO  of United Bank for Africa (UBA), Mr. Kennedy Uzoka, has disclosed that…

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ICT

UBA takes financial inclusion campaign to secondary school, unveils ‘UBA Learn’

Less than two months after introducing ‘Leo The Chat Banker’ mainly for adults, Africa’s global bank, the United Bank for Africa (UBA) Plc., has unveiled another innovative banking product, called  ‘UBA Learn’ targeted at helping students achieve all round academic…

Uzoka blames operating environment in 2017, hails UBA’s N105.3bn profit before tax

The managing director of United Bank for Africa (UBA) Plc., Mr. Kennedy Uzoka has expressed happiness on the feat achieved by the bank within the 2017 financial year. In his remarks at the bank’s recent 56th Annual General Meeting of…

Wholesale licence for UBA London fuels our drive to grow cross-border services—Uzoka

The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA), Mr. Kennedy Uzoka, has described the fresh regulatory approval to carry out wholesale banking activities in the United Kingdom as a strong frontier for strengthening the bank’s capabilities…

After intent deal with CDB, UBA inks another with AFD to grow SMEs in Africa

Barely three weeks after Africa’s global bank, United Bank for Africa (UBA) Plc, and China Development Bank (CDB), the world’s largest development finance institution, sealed a $100 million seven-year letter of intent agreement, it has again, entered into another deal…

Why UBA Congo, Tchad, Gabon, Senegal emerged Best Banks’ of the Year—Uzoka

The group managing director/chief executive officer, UBA Plc, Mr. Kennedy Uzoka, has revealed more insights on why his bank raked in national laurels as Best Bank of the Year in Congo, Tchad, Gabon and Senegal at the Bankers Award in…