United Bank For Africa Declared As Africa’s Bank Of The Year

8 UBA Bank subsidiaries in 20 African markets that the bank operates emerged victorious and won the Bank Of The Year Award at The Bankers Awards 2023, organized by The Banker Magazine – a publication of Financial Times of London.

The winning subsidiaries are UBA Cameroon, UBA Chad, UBA Ghana, UBA Cote d’Ivoire, UBA Mozambique, UBA Congo,  UBA Sierra Leone, and UBA Tanzania, underscoring the bank’s dominance and impact across diverse African markets.

This is the second time in three years that the UBA Bank has won the regional award as the best bank in Africa, after sweeping the same position in 2021.

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“UBA is honored to be named the Bank of the Year in these eight countries and to receive the overall Award for Africa. This accomplishment is a testament to the hard work, dedication, and innovative spirit of the entire UBA team. We remain committed to delivering top-notch banking services that positively impact the lives of our customers across the continent,” said UBA’s Group Managing Director, Oliver Alawuba.

The Banker Awards is recognized as a benchmark for banking excellence globally, and UBA’s multiple victories underscore the institution’s commitment to providing exceptional financial services and superior financial intermediation on the continent.

As Africa’s Bank of the Year, UBA has demonstrated its ability to navigate the complexities of the African banking landscape and emerge as a leading force in driving economic growth and financial inclusion.

“In a year of strong competition among the continent’s major banking groups, UBA has gained the edge on its rivals to win the Bank of the Year award for Africa for the 2nd time in three years. Congratulations. The award recognizes the bank’s strength across Africa, including many of its most competitive markets,” Editor of the Banker, Joy Macknight, said.

The recent award follows another impressive award where UBA won the 2023 FMDQ Gold Awards in three categories including the Best FX Liquidity Provider,  Dealing Institution of the Year, and Best Money Market Liquidity Provider.

United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than thirty-five (35) million customers, across 1,000 business offices and customer touch points in 20 African countries.

With a presence in New York, London, Paris, and Dubai, UBA is connecting people and businesses across Africa through retail, commercial, and corporate banking, innovative cross-border payments and remittances, trade finance, and ancillary banking services.

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