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Sunday, April 8, 2018

United Bank for Africa

United Bank for Africa
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

Africa's Global Bank

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.

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. The company operates through Corporate Banking, Retail/Commercial Banking, and Treasury and Financial Markets segments.

United Bank for Africa

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

Burkina Faso
Congo Brazzaville
Cote D’Ivoire
Democratic Republic of the Congo (DRC)
New York
Nigeria (Headquarters)
Sierra Leone

United Bank for Africa locations in Africa
United Bank for Africa locations in Africa

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