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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]
Chinedu Obeta. Managing Director. Products. Loans, credit cards, savings, investments, mortgages. Website. www .ubazambia .com. United Bank for Africa Zambia Limited, also UBA Zambia, is a commercial bank in Zambia. It is licensed by the Bank of Zambia, the central bank and national banking regulator. [1]
Uba Michael (born 1 July 1991) is a Nigerian businessman known for his entrepreneurial ventures and advocacy for good governance. He is the Founder and Chairman of UBACLE GROUP, a notable company in Nigeria .
The bank was founded by the state-owned National Commercial Bank of Albania (NCBA) and a group of Islamic investors. In 2000 NCBA was privatized and its 40% stake in UBA was acquired by the Ministry of Finance. In March 2009 the Ministry of Finance agreed to sell 40% of its shares to the Islamic Development Bank. References. Banks portal
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 ...
Website. www .ubauganda .com. 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. [3] UBA Uganda is a subsidiary of the United Bank for Africa, headquartered in Lagos, Nigeria, with a presence in twenty African countries ...
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 ...
He turned it profitable within a few years and in 2005, he led one of the largest mergers in the banking sector in Sub-Saharan Africa by acquiring United Bank for Africa (UBA). United Bank for Africa. Following the merger of Standard Trust Bank and United Bank for Africa in 2005, Elumelu led the company as Group Managing Director from a single ...