Africa’s prominent financial institution, United Bank for Africa (UBA) Plc, has once again showcased its global prominence by clinching nine prestigious awards at The Bankers Awards 2023. The awards ceremony, organized by The Banker Magazine, a publication of the Financial Times of London, recognized UBA’s excellence on the international stage.
The highlight of the awards was UBA being honored with the highly coveted Bank of the Year Africa 2023, reinforcing its position as the leading financial institution on the African continent. Additionally, UBA’s subsidiaries excelled, with eight of them named Bank of the Year in their respective countries, underscoring the bank’s influence across diverse African markets. The winning subsidiaries include UBA Cameroon, UBA Chad, UBA Ghana, UBA Cote d’Ivoire, UBA Mozambique, UBA Congo, UBA Sierra Leone, and UBA Tanzania.
This marks the second time in the last three years that UBA has secured the regional award for the best bank in Africa, having previously won in 2021. Group Managing Director of UBA, Oliver Alawuba, expressed gratitude for the awards, emphasizing that they reaffirm the bank’s commitment to consolidating its leadership position in Africa and delivering superior value to stakeholders.
Alawuba acknowledged the dedication and innovative spirit of the UBA team, attributing the success to millions of customers worldwide and thousands of staff members. The Banker Awards, recognized globally as a benchmark for banking excellence, highlights UBA’s commitment to providing exceptional financial services and superior financial intermediation in Africa.
The Editor of the Banker, Joy Macknight, praised UBA’s consistent excellence, citing the bank’s impressive financial performance across its footprint. UBA’s victories in various categories at the 2023 FMDQ Gold Awards further solidify its position as a financial powerhouse, showcasing resilience and capital strength.
Despite economic challenges, UBA Group has maintained its leading position in Nigeria, evident in its impressive half-year financial results and soaring profits. With a strong presence in over 20 African countries and key global cities, including New York, London, Paris, and Dubai, UBA continues to connect people and businesses across the continent through retail, commercial, and corporate banking, innovative cross-border payments, remittances, trade finance, and ancillary banking services
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