United Bank for Africa (UBA) Plc, Africa’s Global bank, showcased its unparalleled strength and dominance in the banking sector by clinching nine prestigious awards at The Bankers Awards 2023, hosted by The Banker Magazine of Financial Times, London – a testament to its unrivaled position as a leading financial institution across the African continent and beyond.
At a grand ceremony in London, United Kingdom, UBA swept accolades, including the distinguished Bank of the Year Africa 2023, affirming its pivotal role as the premier financial institution in Africa.
Notably, UBA’s subsidiaries emerged victorious as the Bank of the Year in eight African countries where it operates, underscoring its remarkable impact and influence in diverse markets across the continent. Subsidiaries in Cameroon, Chad, Ghana, Cote d’Ivoire, Mozambique, Republic of Congo, Sierra Leone, and Tanzania clinched top honors, solidifying UBA’s regional dominance. This marks the second instance in three years that UBA has secured the regional award as the best bank in Africa, following its triumph in 2021.
Group Managing Director of UBA, Oliver Alawuba, expressed immense gratitude and enthusiasm for the awards, emphasizing their significance in reaffirming the bank’s commitment to leading Africa’s financial landscape and delivering exceptional value to stakeholders.
Alawuba conveyed, “UBA is deeply honored to receive the Bank of the Year awards in these eight countries and the overarching Award for Africa. This achievement underscores the dedication, hard work, and innovative spirit of the entire UBA team. We remain resolute in providing outstanding banking services that positively impact our customers’ lives across the continent.”
Acknowledging the pivotal role of customers and staff, Alawuba attributed the bank’s continuous success and accolades to their unwavering support and dedication.
The Banker Awards, renowned as a barometer for banking excellence globally, underscores UBA’s commitment to exceptional financial services and superior financial intermediation across Africa. As Africa’s Bank of the Year, UBA exemplifies its ability to navigate the intricacies of the African banking landscape, contributing significantly to economic growth and financial inclusion.
Joy Macknight, Editor of The Banker, commended UBA’s consistent excellence, affirming its dominance across various criteria and its impressive financial performance in numerous markets.
UBA’s recent achievements, including the 2023 FMDQ Gold Awards in three categories and robust half-year and Quarter 3 financial results, further attest to its resilience, capital strength, and role as a standout financial institution in Nigeria and across Africa.
United Bank for Africa Plc, a leading Pan-African financial institution, caters to over thirty-five million customers through 1,000 business offices and customer touchpoints in 20 African countries. With a global presence in New York, London, Paris, and Dubai, UBA continues to connect people and businesses across Africa, offering retail, commercial, and corporate banking, innovative cross-border payments, trade finance, and ancillary banking services.