Investment

UBA Group To Commence Full Banking Operations In France

BY Soko Directory Team · December 6, 2024 04:12 pm

During President Bola Ahmed Tinubu’s state visit to France, UBA Group Chairman Tony Elumelu signed a key business agreement with the French Finance Minister, Antoine Armand that will see UBA Group, that has footprints in Kenya start operations in France.

The signing, witnessed by President Tinubu and French President Emmanuel Macron, marks a major step forward for UBA’s banking operations in France. It also shows strong support from the French Government for UBA’s expansion into the country.

“This partnership strengthens our promise of offering seamless international banking services. It will benefit not only the 11 Francophone African countries we serve but also customers in Europe who do business with Africa. Opening operations in France is a natural move for us, with Paris becoming our hub for the European Union. Paris will now join London, New York, and Dubai in our global network as we continue to connect Africa with the world,” said Tony Elumelu.

United Bank for Africa (UBA) is one of Africa’s largest financial institutions, employing 25,000 people and serving over 45 million customers worldwide. With a presence in 20 African countries and offices in the UK, US, UAE, and now France, UBA offers innovative banking services to individuals, businesses, and institutions, driving financial inclusion and leveraging cutting-edge technology.

About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system. Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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