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United Bank for Africa, UBA, Plc has assured of continued profitability with good asset quality, occasioned by sustained low Non-Performing Loans, NPLs, and provisions. The bank made this known in reaction to Vanguard Newspapers report on bad loans and banks profitability, published recently . Rasaq Abiola, Head of Investor Relations at UBA in response to Vanguard, explained that the bank’s ...
June, 2016
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10 June
UBA secures $150 million credit line from AfDB
The Board of Directors of the African Development Bank Group (AfDB) through its private sector window has approved a $150 million Line of Credit (LOC) to United Bank for Africa (UBA) Plc. UBA has been the leading financial institution sup-porting various infrastruc-ture projects, particularly power, telecom, transport and social infrastructure such as hospital and education facilities. This has given the ...
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7 June
Winners Emerge In The UBA Sponsored Schools performing Arts Competition In Abuja
Students from more than 30 primary and secondary schools took part in the annual FCT Interschool Performing Arts Competition (FIPAC), which held in Abuja on Thursday, May 26, 2016. The competition was sponsored by pan-African banking group; United Bank for Africa Plc as part of its commitment to youth development on the continent. The schools competed in dance, music, theater ...
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6 June
UBA promotes e-banking with Dubai trip
United Bank for Africa Plc says it is committed to promoting electronic banking in the country. The lender therefore said it had put on offer a holiday in Dubai for loyal customers who leverage on e-banking regularly. In a statement on Sunday, it said, “UBA is offering three lucky customers a chance to win an unforgettable holiday experience in Dubai. ...
May, 2016
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31 May
UBA supports arts contest
United Bank for Africa says it is committed to the development of youths in Nigeria and Africa in general. This, the lender said, informed its decision to sponsor the annual Federal Capital Territory Interschool Performing Arts Competition held in Abuja on Thursday. The pan-African bank in a statement on Monday said students from more than 30 primary and secondary schools ...
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25 May
UBA, Konga boost e-commerce with mobile POS
Pan African banking group, United Bank for Africa (UBA) Plc has partnered Konga, Nigeria’s leading e-commerce company and Innovectives Nigeria Limited to create a seamless delivery and payment system by integrating mobile point of sale solution into Konga’s delivery system. Mobile POS (mPOS) which is powered by UBA PLC and MasterCard will make it easier for Konga customers to pay ...
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24 May
Big Endosement ! :UBA Gets BUY Rating On Stock
Analysts have unanimously placed a BUY rating on the stock of United Bank for Africa Plc (UBA), the lender with 19 branches across Sub Saharan Africa, amid creeping inflation, forex uncertainty, rising unemployment and bleak economic prospects The recommendation is on the back of the lender’s ability to consistently growth earnings in the last four years while intensifying on its ...
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23 May
UBA Next Generation Lauch In Nsukka,..A Huge Success
There are clear indications that UBA next generation,activities at, University of Nigeria Nsukka, From the 16th-20th of May,was a huge success. All the fun is happened on campus at University of Nigeria Nsukka! It was fun with lots of music, dance, rap contest, fun activities, and awesome give away gifts…..plus you get to open a UBA Next Gen account ..Preceeding ...
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19 May
UBA Rated High By FDA Report, Elumelu Excited
United Bank for Africa is doing well in terms of real growth, a report by the Financial Derivatives Company indicated.Despite the macroeconomic headwinds hitting the country in the past two years, the United Bank for Africa increased its shareholders’ equity by an annual growth rate of 22 per cent between 2011 and 2015. The pan-African lender also recorded a compound ...
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16 May
UBA Appoints Five New Executive Directors
This is to notify that at the meeting of the Board of Directors of United Bank Of Africa on Monday 16, 2016, the following persons were appointed as Executive Directors of the Bank effective August 1, 2016, subject to the approval of the Central Bank of Nigeria: i Mr Ibrahim Puri( Executive Director North Bank) ii Mr Ayoku Liadi (Executive ...
