Chic African Culture Africa Factbook

United Bank for Africa is one of Africa's largest banks

United Bank for Africa is one of Africa's largest banks With a 67-year history, United Bank for Africa, UBA, is one of the most recognized banking brands to originate from Sub-Sahara Africa.

United Bank for Africa is one of Africa's largest banking and financial services

United Bank for Africa is one of Africa's largest banks

 The Five Biggest Banks in Africa

Standard Bank Group

Absa Group

First Rand Bank

Nedbank

Qatar National Bank



The Five Biggest Banks in Nigeria, which is Africa’s largest economy

Standard Bank Group

Absa Group

United Bank for Africa

Qatar National Bank

Zenith Bank


United Bank for Africa is Africa's up-and-coming global banking giant.



 United Bank for Africa, UBA, has more than 67 years of providing uninterrupted banking operations dating back to 1948 when the British and French Bank Limited (BFB) commenced business in Nigeria. 

 Following Nigeria’s independence from Britain, UBA was incorporated on February 23, 1961, to take over the business of BFB.

United Bank for Africa eventually listed its shares on the Nigerian Stock Exchange (NSE), in 1970 and became the first Nigerian bank to subsequently undertake an Initial Public Offering. An initial public offering (IPO) is the first time that the stock of a private company is offered to the public. 

United Bank for Africa offers credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, and asset management.
UBA became the first sub-Saharan bank to take its banking business to North America when it opened its New York Office in 1984 to offer banking services to Africans in Diaspora. 

 Today’s UBA emerged from the merger of then dynamic and fast-growing Standard Trust Bank, incorporated in 1990 and UBA, one of the biggest and oldest banks in Nigeria.

 Tony Onyemaechi Elumelu is the Chairman of the United Bank for Africa. Under the Board of Directors, UBA was the first and only Nigerian Bank to obtain a banking license in the Cayman Islands. 

United Bank for Africa

In Nigeria, Africa’s biggest economy, the United Bank for Africa is the third-largest bank in Nigeria. Standard Bank is the largest African banking group by assets and investments, and the Absa Group is second. United Bank for Africa is one of Africa's largest banks located in 20 African countries as well as the US, London, and Paris.

Benin

Burkina Faso

Cameroon

Chad

Cote D'Ivoire

Gabon

Ghana

Guinea

Kenya

Liberia

London

Mali

Mozambique

Nigeria

Republic of the Congo Brazzaville

Senegal

Sierra Leone

Tanzania

The Democratic Republic of the Congo

The United States of America, New York

Uganda

Zambia


United Bank for Africa operates in 19 African countries, as well as New York, London and Paris.


Links to African history and facts

African Water Spirit Mami Wata

Reported Female Genital Cutting Countries

Nkasa Tree Test for Witches

African Male Circumcision for HIV Prevention

Life in the Slums of Africa

The Walking Dead | Learn All About Voodoo

How Drones Are Changing Humanitarian Disaster Response

Chic African Culture and The African Gourmet=

Wise African Proverb

Wise African Proverb

More Articles to Read from Chic African Culture

Show more

Week’s Best Posts and Pages

Dinka and Nuer Tribes of South Sudan

Image
Sudan was the largest country in Africa until 2011 when Sudan and South Sudan became two separate countries. The Dinka are one of the largest ethnic groups in the Republic of Sudan. Dinka and Nuer Tribes of Sudan Explore and Understand Africa Through Her Food and Culture Whether Nuer or Dinka, traditionally the focus for Sudanese people has been a nomadic community, the small communities are made up of extended families based on lineage of male relatives and ancestors. The members of a lineage act in the group's interest, safeguarding territory or forming important ties with other families by marriage. Usually, a family leader is a respected elder. Overview of South Sudan Dinka and Nuer Tribes Sudan lies wholly within the tropics, and with the exception of the Sudd region in the south, and some hilly districts towards its western and eastern extremities, constitute one vast plain. The extreme north is Saharan in its heat and aridity, but below this, a central belt
Continue Reading

The Serenity Prayer translated into the 10 most popular African languages

Image
Prayer in Africa Serenity Prayer translated into the 10 most popular African languages Christianity Serenity Prayer in Africa Serenity Prayer is a popular verse in Africa. Christianity has deep roots in Africa and infuses itself into many sectors of African life. Serenity Prayer in Zulu, Swahili, Yoruba, French, Portuguese, English, Igbo, Arabic, Hausa and Afrikaans, Africa 10 most popular languages. The Serenity Prayer translated into the 10 most popular African languages Explore and Understand Africa Through Her Food and Culture 7-16-2014 The Serenity Prayer is brilliant in its simplicity. Just as it is on every continent, there is passion and tension about religious life. There are thousands of languages spoken in Africa; over 2,000 in fact. The top 10 most spoken languages in Africa in order are; Arabic, Kiswahili (Swahili), Hausa, English, Amharic, French, Oromo, Yoruba, Igbo and Zulu. Below is the Serenity Prayer
Continue Reading

Chad Steamed Honey Cassava Buns

Image
Chadian Steamed Honey Cassava Buns African Recipes by African Gourmet   The Chadian steamed honey cassava bun recipe has as many variations as to the fillings and the preparations. Our recipe offers a tasty filling of sweet honey to compliment the delicate soft steamed buns. Prep time: 10 min Cook time: 25 min Total time: 35 min Ingredients 2 cups cassava flour ½ cup water ¼ cup honey ½ teaspoon salt Honey for drizzling Directions Mix together cassava flour, water, and salt. Knead until dough is formed then divide into 10 equal balls. Using your thumb make a deep indication in the center of each ball, fill with honey, and smooth the dough back over the filling. Place squares of parchment paper under each ball so the dough does not stick to the steamer, and steam in a bamboo steamer for 25 minutes. Drizzle with honey and serve warm as a snack, appetizer, or with a meal. Chad Food Recipes Chad's iconic steamed cassava buns are a tradition
Continue Reading

What is the difference between ugali and fufu

Image
How to make the popular African recipes Ugali and Fufu and what is the difference.  Ugali is a starch dish in Kenya and Tanzania made of fine cornmeal cooked in boiling water into a soft dough. Fufu is a thick, dough-like West African food made by boiling then pounding a starchy vegetable such as yam, plantain, or cassava or a mixture of starchy vegetables. The main difference between fufu and ugali is fufu is boiled first then pounded while ugali is simply boiled. Ugali recipe. Easy Ugali Recipe Prep time 5 minutes Cook time 30 minutes Total time 30 minutes Ingredients 4 cups finely ground cornmeal 8 cups water Directions Heat water to boiling in a saucepan. Slowly pour cornmeal into boiling water stirring continuously. Add more cornmeal if necessary until it is thick as soft bread dough. Serve immediately with vegetables, stew, or any dish you would use a spoon with to soak up the sauce, ugali is purposely bland tasting on its own. What is the difference between ugali and
Continue Reading