Business Hilights
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UBA sets record, unveils Self-Printing Debit Card Machine at Lagos Trade Fair

Continental leader in financial services, United Bank for Africa (UBA) have once more, came first in cutting edge technology for efficient and improved service delivery to its customers and African business community.

This time, it launched a self-printing debit card machine, targeted at encouraging increased use of debit cards which also offers more options to pay at the flag off of the 33rd Lagos International trade fair.

Unveiling the plume digital card, Chief Executive Officer, UBA Africa, Victor Osadolor said the new self-printing debit card machine will allow for seamless business transactions with great value to customers and businesses.

Explaining more before distinguished guests, including the Deputy Governor, of Lagos State, Mr. Obafemi Hamzat; President, Lagos Chamber of Commerce and Industry, Babatunde Paul Ruwase; Minister of State for Industry, Trade and Investment, Hajia Mariam Katagum; Commissioner for Commerce, Industry and Cooperatives, Lagos State, Lola Akande amongst others, Special Adviser to Lagos State Governor on Commerce, Industry, and cooperatives, Ajayi Oladele, among others, Osadolor stated that that there is no gain saying that the world is tilting into a knowledge based economy, adding that businesses that would survive in the 21st century must invest in technology to remain competitive.

He also commended the federal government’s efforts at improving the nation’s investment climate, saying this is the reason the country is currently ranked fifteen place upwards in the global ease of doing business index.

While adding that UBA would continue to support initiatives aimed at boosting trade in the country, he averred that “We are creating superior value for all our customers, because we believe they are key to our everyday operations.”

According to him, the bank’s small and medium scale enterprise banking unit has been actively supporting small businesses with industry-specific loans that ensure maximum impact, stressing that the bank also keys into government intervention funds to expand access to credit facilities at competitive interest rates, while providing services such as advisory and technological infrastructure that help to reduce the cost of doing business.

“Most of our customers have enjoyed free advisory services that have helped them navigate the very difficult business terrain. We also have businesses, latching on to our technological assets to improve their services as well as foster growth”

Osadolor restated that “We are consistently supporting our SMES. We have a huge amount of funds allocated to SMEs. UBA is committed to supporting entrepreneurship. We are the major promoter of the Fair. The new self-printing debit card machine will go a long way in allowing for seamless business transactions with attendant value to businesses.

“At UBA, we are committed to being role models for African businesses by creating superior value for all the stakeholders. Therefore we have over the years recorded increased growth”.

Earlier in his speech, the Governor of Lagos State, Babajide Sanwo-Olu, represented by the Deputy Governor, Lagos State, Dr. Obafemi Hamzat, said the State’s commitment to promoting and connecting businesses across transnational borders, remains strong and unshaken.

On his part, the President of LCCI, Mr. Babatunde Ruwase said the theme of this year’s fair underscores the importance of a robust business interaction to generate wealth and create value for the advancement of the Nigerian economy and the welfare of the citizens.

LCCI boss noted that “In UBA, we have chosen a suitable partner with extensive reach on the continent with capacity to engineer a seamless financial transaction required for an international trade fair of this magnitude.”

According to him, “The LCCI and UBA have partnered to give exciting services to visitors and exhibitors at the fair.”

Business Hilights recalls that UBA is a foremost Pan African financial institution operating in 20 African countries, including the United Kingdom, the USA and France, thus offering unique services to the delight of visitors and exhibitors during the fair.