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United Bank for Africa. United Bank for Africa Plc ( UBA) is a Multinational pan-African financial services group headquartered in Lagos Island, Lagos and known as Africa’s Global Bank. It has subsidiaries in 20 African countries and offices in London, Paris and New York. [3] In December 2021, UBA received its banking license to commence ...
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 ...
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 ...
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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.
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 banking industry in Nigeria started during the colonial era with the establishment of Colonial Banks, with the primary aim of meeting the commercial needs of the Colonial Government. [1] The banking system in Nigeria is regulated through the Central Bank of Nigeria. This apex bank started operation on July 1, 1959.
Union Bank is a large commercial bank, serving individuals, small and medium-sized companies, as well as large corporations and organizations. In July 2009, it was rated the 556th largest bank in the world and the 14th largest bank in Africa. [2] As of Mar 31, 2018, the bank's asset base was estimated at NGN1, 381 billion (US$4.1billion).