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United Bank for Africa Plc (UBA) is a multinational pan-African financial services group headquartered in Lagos Island, Lagos and known as Africa’s Global Bank. It has subsidiaries in 20 African countries and offices in London, Paris and New York. [3]
The bank serves the banking needs of large corporations, small and medium sized enterprises, individuals and government departments.The bank is a 100 percent subsidiary of United Bank for Africa, a Nigerian-headquartered financial services conglomerate, with banking subsidiaries in 20 sub-Saharan countries, whose total assets were valued at US$14.6 billion, as of 31 December 2019.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
Usoro has worked in the commercial banking and financial services sector for over 20 years with experience spanning across different areas like branch management, operations, credit, and marketing. She joined the United Bank for Africa in 2011 and rose to the post of Executive Director, northern operations before her appointment to the Central ...
UBA Bank Uganda is a subsidiary of the United Bank for Africa, headquartered in Lagos, Nigeria and with a presence in twenty African countries, the United Kingdom, France, and the United States. [10] The table below illustrates the shareholding in the stock of UBA Bank Uganda, as of December 2023. [2]
The banking industry in Nigeria started during the colonial era with the establishment of Colonial Banks, with the primary aim of meeting the commercial needs of the Colonial Government. [1] The banking system in Nigeria is regulated through the Central Bank of Nigeria. This apex bank started operation on July 1, 1959. [2]
United Bank for Africa Kenya Limited, commonly referred to as UBA Kenya, is a commercial bank in Kenya. It is licensed and supervised by the Central Bank of Kenya, the central bank and national banking regulator. [3] The bank is a small-sized commercial bank in Kenya, the largest economy in the East African Community.
In compliance with CBN’s Regulation 3, UBN divested all non-core banking subsidiaries in alignment with its core banking business model. Following the banking crisis in 2009 and the intervention of the CBN via Asset Management Company of Nigeria (AMCON), the bank was recapitalised in 2012 with an injection of $500 million by Union Global ...