United Bank for Africa (UBA) to be recognised as the African Bank of the year 2021, by the Magazine.
In a statement issued on Wednesday (1 Dec), the Nigerian financial service provider revealed that its excellent service delivered to customers, as well as its continuous facilitation of rapid economic growth across the African continent, were among the reasons for it to be named the best bank in Nigeria and 12 other countries where its subsidiaries operate. They include Cameroon, Benin, Burkina Faso, Chad, Cote D’Ivoire, Guinea, Sierra Leone, the Republic of the Congo, Gabon, Senegal and Zambia.
“This will not be a first for UBA. In 2020, six of its subsidiaries in Benin, Cote D’Ivoire, Chad, Liberia, Sierra Leone and Zambia were winners of the Best Bank award,” the statement read. “This year, the UBA Group is breaking a record with its exceptional wins as African Bank of the Year and Bank of the year in 13 countries. The total 14 awards makes it the first time ever in the history of the almost 100 years of The Banker, that any banking group will be clinching as many as 14 wins in a single year,” it added.
Commenting on the achievement, the Managing Director and Chief Executive of the UBA Group, Kennedy Uzoka, noted that it was an affirmation that the Lagos-based bank possesses a leading position in the banking sector of Africa. “Like I always say, at UBA, we must be doing something right. Winning 14 total awards in13 subsidiaries and the Bank of the Year on the African continent is a big achievement,” he noted. “We have our millions of customers across the globe and our many thousands of staff to thank for this. They are the very reason why we keep winning.”
