Connect with us

Business

UBA Bags 9 London Financial Times Awards In One Day 

Published

on

Spread the love

… Emerges African Bank Of The Year 

.. Plus Best Bank In 8 Of Its Subsidiaries

BAO Felicitation

Courses under Mass Communication and Media Technology includes:
- Advertising
- ⁠Broadcasting
- Development Communications⁠
- Film and Multimedia
- Information and Media Studies⁠
- ⁠⁠Journalism and Media Studies
- ⁠Mass Communications
- ⁠Public Relations
- ⁠Strategic Communication

BAO Felicitation

Courses under Mass Communication and Media Technology includes:
- Advertising
- ⁠Broadcasting
- Development Communications⁠
- Film and Multimedia
- Information and Media Studies⁠
- ⁠⁠Journalism and Media Studies
- ⁠Mass Communications
- ⁠Public Relations
- ⁠Strategic Communication

BAO Felicitation

Courses under Mass Communication and Media Technology includes:
- Advertising
- ⁠Broadcasting
- Development Communications⁠
- Film and Multimedia
- Information and Media Studies⁠
- ⁠⁠Journalism and Media Studies
- ⁠Mass Communications
- ⁠Public Relations
- ⁠Strategic Communication

By Emmanuel Adeoye 

The United Bank for Africa, UBA, has bagged 9 London Financial Times Awards in just one day, emerging as the African Bank of the year 2023 and also winning as the best Bank in 8 out of its subsidiaries domiciled in Countries such as Cameroon, Chad, Ghana, Cote D’Ivoire, Mozambique, Republic of Congo, Sierra Leone and Tanzania. 

In a press release signed by Ramon Olanrewaju, the Head of the Corporate Affairs Department of UBA in Marina, Lagos State and sent to Treasure Newspaper on Sunday evening, stated that the Africa’s Global Bank, the United Bank for Africa, UBA, again demonstrated its prowess on the international stage as it clinched nine prestigious awards at The Bankers Awards 2023, organized by The Banker Magazine – a publication of Financial Times of London, the world’s leading business newspaper.

The prestigious awards presented to the Bank at a ceremony in London, United Kingdom on Thursday, included the highly coveted Bank of the Year Africa 2023, solidifying UBA’s position as the leading financial institution on the African continent. 

The Bank’s subsidiaries also emerged as the Bank of the Year in 8 out of the 20 countries where it operates in Africa. The winning subsidiaries are UBA Cameroon, UBA Chad, UBA Ghana, UBA Cote D’Ivoire, UBA Mozambique, UBA Congo,  UBA Sierra Leone, and UBA Tanzania, underscoring the bank’s dominance and impact across diverse African markets.

He also averred that it is noteworthy that the new status would be the second time in the past three years that the Bank has won the regional award as the best bank in Africa, as it also emerged winner in the year 2021.

UBA’s Group Managing Director, Oliver Alawuba, who received the awards on behalf of the bank, expressed his gratitude and excitement about the awards, and said the recognitions come as a reassurance that the bank is on track in its goal of consolidating its leadership position in Africa, and creating superior value for its stakeholders. 

“UBA is honoured to be named the Bank of the Year in these eight countries and to receive the overall Award for Africa. This accomplishment is a testament to the hard work, dedication, and innovative spirit of the entire UBA team. We remain committed to delivering top-notch banking services that positively impact the lives of our customers across the continent.

Continuing, Alawuba said, “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 and receiving these accolades.”

The Banker Awards is widely recognized as a benchmark for banking excellence globally, and UBA’s multiple victories underscore the institution’s commitment to providing exceptional financial services and superior financial intermediation on the continent. 

Alawuba added that, UBA as Africa’s Bank of the Year for 2023, has demonstrated its ability to navigate the complexities of the African banking landscape and emerge as a leading force in driving economic growth and financial inclusion.

Speaking earlier about UBA’s consistent excellence in the financial services sector across the continent which has earned the bank great accolades overtime, the Editor of the Banker, Joy Macknight, said that as always, “UBA remains a clear winner across a wide range of criteria, having performed impressively across its footprint with a strong financial performance across most of its markets”.

“In a year of strong competition among the continent’s major banking groups, UBA has gained the edge on its rivals to win the Bank of the Year award for Africa for the 2nd time in three years, thereby  Congratulating the UBA bank. The award recognizes the bank’s strength across Africa, including many of its most competitive markets,” Macknight stated.

Since 1926, the Bank of the Year awards has been celebrating the best of global banking and is regarded as the industry standard for banking excellence.

Just recently, UBA won the 2023 FMDQ Gold Awards in three Categories including the Best FX Liquidity Provider,  Dealing Institution of the Year and Best Money Market Liquidity Provider. This recognition is a testament to UBA’s impressive capital strength and capacity to provide liquidity to the Nigerian financial market even in the face of harsh economic realities. Despite the headwinds, UBA Group has consistently maintained its position as Nigeria’s leading financial institution.

In June, the banking group announced impressive half-year financial results, and further increased the performance in Quarter 3, 2023, with profit before tax (PBT) soared to N502.01 billion, Shareholders’ Funds standing strong at N1.778 trillion, and total assets, reaching N16.24 trillion.

These outstanding figures not only reflect UBA’s institutional strength, but also demonstrate its position as a corporate role model in Nigeria and across Africa.

United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than thirty-five (35) million customers, across 1,000 business offices and customer touch points in 20 African countries. With presence in New York, London, Paris, and Dubai, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and ancillary banking services.


Spread the love
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Breaking News

Politics3 hours ago

Ekiti PDP: Their Fear Of Fayose

Spread the loveBy Lere Olayinka  13/6/24 In the last three days, it has been one story of lamentation or the...

Business1 day ago

Ondo Governor Approves Construction Of New Roads, Township Stadium, Judicial Complex 

Spread the loveBy Joseph Sunday  The Ondo State Governor, Honourable Lucky Orimisan Aiyedatiwa has approved the construction of new roads,...

Uncategorized1 day ago

Rivers Crisis: Governor Fubara Approves Emergency Annual Leave For Judges, Judiciary Staff

Spread the loveBy Joseph Sunday  The Governor of Rivers State, His Excellency, Sir Siminalayi Fubara has approved an emergency annual...

Reports4 days ago

Ondo Governor, Aiyedatiwa Meets Night Club Owners, Offers To Intervene Over EFCC Raid

Spread the loveBy Joseph Sunday  The Ondo State Governor, Honourable Lucky Orimisan Aiyedatiwa on Sunday met with Night Club Owners...

Education6 days ago

University Lecturer Adopts Artificial Intelligence As Solution To Solving Future Human Problems 

Spread the loveBy Joseph Sunday  A University Lecturer currently serving as the Acting Rector of Adeyemi College of Technology, ACT,...

Culture6 days ago

EKIFEST 2024 Holds In August 6th To 10th – Professor Ojo Bakare 

Spread the loveBy Joseph Sunday  The Ekiti State Government has officially announced to hold the Ekiti State Festival Of Arts...

Culture6 days ago

7 Years, 6 Months After: Court Declares Oba Adejuwon As Authentic Onisan Of Isan Ekiti Kingdom

Spread the love… Nullifies Claimant Grounds Of Petition  By Joseph Sunday  The State High Court sitting in Ado Ekiti has...

Business1 week ago

Customers Storms Defunct Heritage Bank In Ado Ekiti, Demands Refund Of Deposits

Spread the love…. As Many Gets Stranded At Fajuyi Bridge Thousands of residents of Ekiti State, mostly civil servants and...

Business1 week ago

Nigeria Representatives For International Junkanoo Festival, Arts, Culture Announces Canada World Event

Spread the love… Seeks Participation Of First Class Nigeria Traditional Rulers … Commends President Tinubu Past Contributions  By Joseph Sunday...

Legislative1 week ago

Nigeria’s Senators Exorbitant Earnings Exposed 

Spread the love… Just As Senator’s Wardrobe Allowance Only Is Put At N621,061.37 … Read Full Details Of Nigeria’s Senator...

Education1 week ago

Aiyedatiwa Approves N35,000 Minimum Wage For Ondo Institution’s Staff 

Spread the love… Pegs Wage Award For Civil At N15,000 By Joseph Sunday The Governor of Ondo State, Honourable Lucky...

Security2 weeks ago

Pandemonium In Ondo Community As Greedy Wife Kills Husband

Spread the loveBy Joseph Sunday  Pandemonium broke out in the early hours of Sunday morning at Akungba Akoko area of...

Reports2 weeks ago

NULGE President General Blames Nigerian Governors For Underdevelopment At 774 LGA’s

Spread the love… Demands End To Hijacking FG Allocations; LGA Revenues, Land Use Charges, Advertisement Rates, Motor Parks At LGA’s...

Reports2 weeks ago

Heavy Trailer Somersaulted, Fell Over Liverpool Bridge In Lagos

Spread the love. … Watch Video Heavy Trailer Somersaulted, Fell Over Liverpool Bridge In Lagos Courses under Mass Communication and...

Reports2 weeks ago

UK Based Efon Alaaye Man Elected  Councilor For Stevenage Borough Council In Hertfordshire 

Spread the love… Promises To Partner Ekiti Government To Become Food Basket Of Nigeria  By Joseph Sunday A United Kingdom,...

Featured3 weeks ago

Corruption: Is The Death Sentence The Solution?

Spread the loveBy Bolanle BOLAWOLEturnpot@gmail.com 0705 263 1058 There is no denying the fact that corruption has become endemic in...

Uncategorized3 weeks ago

Prophet Sam Olu Alo Scolds Corrupt Politicians, Wealthy Nigerians Over Failure To Assist Unemployed Youths, Poor Masses 

Spread the love… Says Rich People Are Adamant, Deaf To Corrections … Wants Employments For Unemployed Youths By Joseph Sunday ...

Politics3 weeks ago

2024: Governor Aiyedatiwa Hosts APC Stakeholders Meeting, Calls For Unity 

Spread the love… As INEC Certifies Governor’s Primary Victory, Publishes Details Of Candidates By Ebenezer Adeniyan Ondo State Governor, Honourable...

Culture3 weeks ago

International Congress For Ifa/Orisa Spiritualists Demands Government Recognition, Support For Faith-Tourism

Spread the love…Says Ifa Can Solve Insecurity, Economy Issues  As part of the commemoration of the 2024 World Ifa day...

Security3 weeks ago

Ekiti Agro Marshals Commander Nabs Illicit Drug Dealer

Spread the love… Parades Him  By Joseph Sunday The Commander of the Ekiti State Command of the Agro Marshals, Honourable...

Trending