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Overview. United Bank For Africa is a large financial services group in Nigeria and on the African continent. As of December 2021, the group's financial assets were valued at ₦8.5 trillion (US$20.1 billion), with shareholders' equity of ₦724.1 billion (US$1.8 billion). At that time the group employed 20,000+ people. [9]
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 ...
The Nigerian banking industry of the early 1990s was led by a select group of four major banks: Union Bank, First Bank, UBA, and Afribank. Foundation. In 1990 Jim Ovia founded Zenith bank plc to compete with the existing four major banks. Zenith Bank was established in May 1990 and commenced banking operations in July of the same year.
v. t. e. 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 2000s this has become the most common way that ...
iBank 5 was released November 19, 2013, introducing several new features such as online billpay, Direct Access and Improvements to budgeting. iBank 5 saw the release of six major upgrades to the product through iBank 5.6.4 which included the addition of iBank Cloud Sync. Banktivity 5 was released on January 28, 2016. After nearly 13 years, IGG ...
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Aftertax:US$683,259 (KES:68 million) (H1:2016) [2] Number of employees. 70 (2016 [2]) Parent. United Bank for Africa. Website. www .ubagroup .com /countries /KE. 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 ...
The bank listed on the Philippine Stock Exchange on December 6, 2004, under the ticker symbol IBNK. iBank was acquired by Union Bank of the Philippines on June 5, 2006 that saw 98.86% of all iBank shares being sold in a block sale, catapulting UnionBank to become the seventh-largest bank in the Philippines in terms of assets.
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