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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 ]
Elumelu worked in the Nigerian Bank Union Bank as a corps member during his National Youth Service Corps in 1985, before starting his career as a salesman. Elumelu subsequently joined Allstates Trust Bank [10] in 2005 and United Bank for Africa (UBA) was acquired afterwards. [11] On his early career, he has said:
The bank was founded by the state-owned National Commercial Bank of Albania (NCBA) and a group of Islamic investors. In 2000 NCBA was privatized and its 40% stake in UBA was acquired by the Ministry of Finance. In March 2009 the Ministry of Finance agreed to sell 40% of its shares to the Islamic Development Bank. [2]
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 national banking regulator. [3] The bank is a small-sized commercial bank in Kenya, the largest economy in the East African Community.
UBA Uganda is a retail bank that serves small and medium enterprises (SMEs), large corporations and individual customers. As of 31 December 2023, UBA Uganda's total assets were USh 623,093,431,000/= (approx. US$164.235 million), with shareholders' equity of USh 142,572,067,000/= (approx. US$37.6 million).
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 US$14.6 billion, as of 31 December 2019.
In August 2022, Oliver Alawuba assumed his appointment as the Group Managing Director of United Bank for Africa following the retirement of Kennedy Uzoka. [12] Alawuba is an Honorary Senior member of the Chartered Institute of Bankers of Nigeria, [ 13 ] a Fellow of the Nigeria Institute of Management (FNIM) and a Member of the Nigeria Institute ...
FBNBank Senegal, part of First Bank of Nigeria Group; La Banque Agricole (LBA) La Banque Outarde (LBO) Société Générale de Banques au Sénégal , part of Société Générale Group; SUNU Bank Senegal (former BICIS), part of SUNU Group United Bank for Africa Senegal (UBA-Senegal), part of UBA Group