Economy
UBA sweeps international awards for outstanding performance
United Bank for Africa (UBA) Plc has continued to garner prestigious international awards, reinforcing its global standing and contributions to Africa’s economic development.
The awards highlight UBA’s excellence in financial intermediation, project financing, trade facilitation, and advisory services.
The recent recognitions include Global Finance’s Best SME Bank for 2023 in Nigeria, Ghana, and Mozambique, emphasizing UBA’s commitment to supporting small and medium-scale businesses crucial for economic growth.
The bank also secured three key categories in the 2023 FMDQ Gold Awards: Money Market Liquidity Provider, FX Market Liquidity Provider, and Dealing Member of the Year.
UBA was honored as Global Finance’s Safest Bank in Senegal 2023 and clinched the World Business Outlook Awards for 2023 in Ghana, winning categories such as Best Banking Services Provider, Leading Financial Services Institution, and Banking CEO of the Year.
The Banker Magazine recognized UBA with nine awards, including the prestigious Bank of the Year Africa 2023.
This further establishes UBA’s dominance and impact across diverse African markets, with subsidiaries in eight countries.
Group Managing Director, Oliver Alawuba, expressed gratitude for the accolades, emphasizing UBA’s commitment to delivering top-notch banking services and consolidating its leadership position in Africa.
The bank’s recent achievement includes reaching a capitalization of N1 trillion, reflecting its robust growth trajectory and market confidence.
Editor of the Banker, Joy Macknight, praised UBA’s consistent excellence, noting its impressive performance across markets.
UBA’s shares have seen remarkable growth in 2023, becoming the highest-performing stock in the banking sector.
With a presence in 20 African countries and key international hubs, UBA continues to connect people and businesses through retail, commercial, and corporate banking, innovative cross-border payments, trade finance, and ancillary banking services.
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