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UBA Wins ‘African Bank of the Year’ Award

UBA Wins ‘African Bank of the Year’ Award

The United Bank for Africa (UBA) Plc 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.

THIS DAY reports that the United Bank For Africa disclosed this in a statement yesterday.


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According to the statement, UBA’s solid financial performance, its excellent service delivery to customers, and its continuous role in facilitating rapid economic growth across the African continent were some of the reasons that led to the bank being named best bank in 12 of its African subsidiaries and in Nigeria. Jamb Result 

The statement revealed that banks that came out top in their respective countries are UBA Nigeria Plc, UBA Benin, UBA Burkina Faso, UBA Cameroon, UBA Chad, UBA Congo Brazzaville, UBA Cote D’Ivoire, UBA Gabon, UBA Guinea, UBA Liberia, UBA Senegal, UBA Sierra Leone, and UBA Zambia.

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The statement added: “This will not be a first for UBA. In 2020, six of its subsidiaries in Benin, Cote D’Ivoire, Chad, Liberia, Sierra Leone, and Zambia were winners of the Best Bank award.

“This year, the UBA Group is breaking a record with its exceptional wins as African Bank of the Year and Bank of the year in 13 countries. The total 14 awards make it the first time ever in the history of the almost 100 years of The banker, that any banking group will be clinching as many as 14 wins in a single year.

According to THIS DAY, the Managing Director/Chief Executive Officer of UBA’s Group, Kennedy Uzoka said: “Like I always say, at UBA, we must be doing something right. Winning 14 total awards in13 subsidiaries and the Bank of the Year on the African continent is a big achievement.

“The recognitions come as a reassurance that we are on track in consolidating our leadership position in Africa, as we continue to create superior value for all our stakeholders. We have our millions of customers across the globe and our many thousands of staff to thank for this. They are the very reason why we keep winning”.

Also speaking at the virtual award ceremony, the Middle East and Africa Editor for The Banker Magazine, John Everington, explained: “While several African banks impressed the judges this year, there was no doubt as to the worthiest recipient of the Bank of the Year for Africa – UBA Group – a clear winner across a wide range of criteria. UBA has performed impressively across its footprint with a strong financial performance across most of its markets.” Information Guide Nigeria

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According to THIS DAY, UBA is connecting people and businesses across Africa through retail; commercial and corporate banking; innovative cross-border payments and remittances; trade finance, and ancillary banking services.

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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