Tags: Kennedy Uzoka

UBA Group Starts Strong In 2017, Grows Profits By 41% In First Quarter

***Its African subsidiaries wax stronger, contributing 35% of earnings The Pan African financial institution, United Bank for Africa (UBA) has released its unaudited first quarter results, showing significant growth across major income lines. Following a sterling performance in 2016 financial year, UBA Group delivered another impressive 41% percent year-on-year growth in profit-before-tax in the first…

UBA Grows Profit Before Tax By 32%, Declares Final Dividend per Share of 55kobo

United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits, an attestation to its resilience, enhanced productivity and geographic diversification, evident in the impressive contribution from its African subsidiaries. The Group recorded an…

UBA Wins Big at Finacle Client Innovation Awards

United Bank for Africa has continued to receive accolades and global recognition for its commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was adjudged winner in two categories at the recently concluded Finacle Client Innovation Awards 2016, organised in…

UBA, MEC Inc. Launch Revolutionary Omni-Channel Payment System, EmailMoni

MEC, Inc. announced today it has entered into agreements with pan-African financial services group, United Bank for Africa, UBA Plc to provide a revolutionary email-based billing, payment and banking software system called “EmailMoni.” EmailMoni represents the world’s latest fin-tech for cloud banking and social payments, and is expected to transform the payments, invoicing/billing and remittances…

UBA Grows Profit To N62 Billion In Nine Months

Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (“UBA” or “the Bank”), announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. The Bank recorded an appreciable…

At a meeting held at UBA House, the UBA Group Board today approved the appointment of Kennedy Uzoka as the new Group Managing Director, with effect from August 1st, 2016 and subject to the approval of the Central Bank of Nigeria. Uzoka succeeds Phillips Oduoza, who retires on July 31, 2016, after two terms of…

Visa Partners UBA To Launch SmartMoney

Global electronic payments company Visa, in partnership with United Bank of Africa Plc (UBA) announces the launch of ‘SmartMoney’, a 21st century banking solution comprising a prepaid card and a mobile app for the African market. The partnership brings together Visa Inc’s trusted payments technology and SmartMoney’s mobile app experience to establish a millennial centric…