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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 ]
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.
United Bank for Africa Uganda Limited, also UBA Uganda, is a commercial bank in Uganda. It is licensed by the Bank of Uganda , the central bank and national banking regulator. [ 4 ] UBA Uganda is a subsidiary of the United Bank for Africa , headquartered in Lagos , Nigeria, with a presence in twenty African countries, the United Kingdom, France ...
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.
Commercial Bank Cameroon (CBC) Crédit Communautaire d’Afrique – Bank (CCA-BANK) Ecobank Cameroun, part of Ecobank Group; La Régionale Bank; National Financial Credit Bank (NFC-B) Société Commerciale de Banque Cameroun (SCB-Cameroun), part of Attijariwafa Bank Group; Société Générale Cameroun (SGC), part of Société Générale Group
Polaris Bank Plc; Premium Trust Bank; Providus Bank Ltd; Signature Bank Ltd; Stanbic IBTC Bank Plc; Standard Chartered Bank Nigeria Ltd, part of Standard Chartered Group; Sterling Bank Plc; SunTrust Bank Nigeria Ltd; Titan Trust Bank Ltd; Union Bank of Nigeria Plc; United Bank For Africa Plc, part of UBA Group; Unity Bank Plc; Wema Bank Plc ...
Money supply is determined by central bank decisions and willingness of commercial banks to loan money. Money supply in effect is perfectly inelastic with respect to nominal interest rates. Thus the money supply function is represented as a vertical line – money supply is a constant, independent of the interest rate, GDP, and other factors.
In some economics textbooks, the supply-demand equilibrium in the markets for money and reserves is represented by a simple so-called money multiplier relationship between the monetary base of the central bank and the resulting money supply including commercial bank deposits. This is a short-hand simplification which disregards several other ...