Economy
UBA Emerges West Africa’s Best Bank

United Bank for Africa (UBA) Plc has been named the Best Regional Bank in West Africa at the prestigious African Banker Awards 2024.
The award was presented at a ceremony held at the JW Marriott Hotel in Nairobi, Kenya, on the sidelines of the African Development Bank Annual Meetings.
The African Banker Awards, organized by African Banker Magazine, recognize excellence in banking and finance in Africa. UBA’s award is a significant milestone, especially as the bank celebrates 75 years of delivering on its promises and solidifying its legacy as Africa’s Global Bank.
Receiving the award on behalf of UBA, Managing Director of UBA Kenya, Ms. Mary Mulili, highlighted the bank’s commitment to its customers and partners. “We are honored to be recognized as the Best Regional Bank in West Africa. This award is a testament to the hard work, dedication, and innovation of the entire UBA team.
It reflects our commitment to excellence and our unwavering focus on delivering value to our customers.”
Ms. Mulili also noted that the award reinforces UBA’s position as a leading global financial institution with a deep understanding of the African market and a strong international network. “We are committed to inspiring innovation, growth, and excellence, and this award motivates us to continue striving for greatness in the years to come.”
Omar Ben Yedder, Chair of the Awards Committee, noted that banks and financial institutions are playing a critical role in financing growth, especially with the retreat of international banks from the continent.
“We are seeing a coalition of DFIs taking shape, and these will have to see considerable capital increases to plug the gap in infrastructure, trade, climate, and SME financing.”
United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group-wide and serving over 45 million customers globally.
Operating in 20 African countries and in the United Kingdom, the United States of America, France, and the United Arab Emirates, UBA provides retail, commercial, and institutional banking services, leading financial inclusion and implementing cutting-edge technology.
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