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UBA Strategically Empowers Nigerians In Hard Times,Spends Over N560million

read africa ubaAs Nigerians go through these intresting times,economically UBA has been identified as a friend in deed to loyal customers ,.and  to nigerians of hue and cry..Though unassuming and understated, the bank is doing a lot via the UBA Foundation,financial analyists affairmed.Its principal aims is to make sustainable improvements in the lives of the needy and under-privileged by supporting entrepreneurship programmes which benefit the community at large, i.e. social entrepreneurship schemes. UBA Foundation also sponsors several skills acquisition and empowerment conferences, workshops and seminars

.Among others,younews, gathered that UBA has been involved with the following

  • Part-sponsorship of the 7th Annual Celebrations and Entrepreneurial Awards of Fate Foundation, a private sector led non-profit initiative with a vision to foster the establishment of 5,000 businesses and the creation of employment for at least 50,000 Nigerians by 2015.
  • Part-sponsorship of the 2007 Conference of Women In Management and Business (WIMBIZ), an NGO formed in 2002 to improve the success rate of female entrepreneurs and the proportion of women making it into senior positions in corporate organizations.
  • Partnership with the Initiative for Peace Empowerment and Tolerance (IPET) to hold economic empowerment workshops and other projects, involving training and equipping traders with skills aimed at raising their standard of living.
  • Part-sponsorship of activities lined up by UNICEF Nigeria to commemorate World AIDS Day, a day set aside by the United Nations to create awareness of the importance of caring for children infected and affected by HIV and AIDS as well as raise funds for children living with HIV/AIDS.

Younews checks revealed that United Bank for Africa (UBA) Plc, Africa’s global bank, is committed to being a socially responsible company and role model for all businesses in Africa… ‘As West Africa’s largest and most profitable bank, we realize that there is a need for a social contract between the bank, the community and its people. To this end, United Bank for Africa became the first bank in Nigeria to institute a foundation -UBA Foundation.’.an insider told younews

As the Corporate Social Responsibility arm of the UBA Group, UBA Foundation is committed to the socio-economic betterment of the communities in which the bank operates, focusing on development in the areas of Environment, Education, Economic Empowerment and Special Projects.

STRATEGIC DIRECTION

UBA Foundation draws its inspiration from the Group’s intrinsic values of humility, empathy, resilience, integrity and its mission statement; “to be a role model for African businesses, abiding by the utmost professional and ethical standards, and creating an enduring institution”. These values have, and will always be the factors that inspire us to ‘Do Well and Do Good.’ By extending the hand of partnership to our communities, the Group aims to ensure that goodwill is cultivated and that our operations are sustainable and beneficial.

As the CSR arm of a Bank which remains the role model for other corporate organizations in Africa. UBA Foundation seeks to set standards for other CSR groups; especially concerning the true meaning of CSR. UBA Foundation has dedicated resources to ensuring that CSR is not simply conceived as a marketing tool in the corporate world. Instead, UBA Foundation recognizes CSR as it really should be; as a corporate contribution towards promoting sustainable development in communities.

FOCUS AREAS

Since 2006, UBA Foundation has spent over N560 million in the following focus areas referred to as E.E.E.S (an acronym that connotes EASE) – providing ‘EASE’ to the community:

  • Education
  • Environment
  • Economic Empowerment
  • Special Projects.

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