Leading pan African financial institution, United Bank for Africa (UBA) Plc., has broken a record with its outstanding wins as African Bank of the Year and Bank of the year in 13 countries by the Banker Magazine.
The total 14 awards make 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.
For those who don’t know, The Banker Magazine is a leading global finance news publication published by the Financial Times of London.
The Banker Magazine is a publication of the Financial Times – a leading global finance news publication that has been in existence since 1888. The Banker Magazine is the definitive reference in international banking for high-level decision-makers.
It is interesting to know that some of the reasons UBA was named the best bank in 12 of its African subsidiaries and in Nigeria are its solid financial performance, excellent service delivery to customers, and its continuous role in facilitating rapid economic growth across the African continent.
UBA Nigeria Plc, UBA Benin, UBA Burkina Faso, UBA Cameroon, UBA Chad, UBA Congo Brazzaville, UBA Cote D’Ivoire, UBA Gabon, UBA Guinea, UBA Liberia, UBA Senegal, UBA Sierra Leone and UBA Zambia all came out top as the best banks in their respective countries.
It is noteworthy that in 2020, six of UBA’s subsidiaries in Benin, Cote D’Ivoire, Chad, Liberia, Sierra Leone, and Zambia were winners of the Best Bank award.
Meanwhile, this year, UBA Group is breaking a record with its exceptional wins as African Bank of the Year and Bank of the Year in 13 countries, making a total of 14 awards in a single year.
The Middle East and Africa Editor for The Banker, John Everington, speaking at the Virtual award ceremony held on Wednesday, December 1st, 2021, said;
“A rigorous and highly analytical process is made annually to reach the decision for each Bank of the Year award and the institution’s reputation for independence, authority and integrity is thoroughly applied to each submission.”
“While several African banks impressed the judges this year, there was no doubt as to the worthiest recipient of the Bank of the Year for Africa – UBA Group – a clear winner across a wide range of criteria. UBA has performed impressively across its footprint with a strong financial performance across most of its markets.”
However, Group Managing Director/Chief Executive Officer, UBA Plc., Kennedy Uzoka, while expressing his delight, said; “Like I always say, at UBA, we must be doing something right. Winning 14 total awards in 13 subsidiaries and the Bank of the Year on the African continent is a big achievement.”
“The recognitions come as a reassurance that we are on track in consolidating our leadership position in Africa, as we continue to create superior value for all our stakeholders. We have millions of customers across the globe and many thousands of staff to thank for this. They are the very reason why we keep winning’”
