UBA wins international awards

United Bank for Africa (UBA) Plc has continued to elevate its global standing, coveting several prestigious international awards to consolidate the bank’s continuous contributions to the economic development of Africa.

The recognition of the bank’s outstanding performance reaffirms its status as a leading player in the financial industry with critical financial intermediation, project financing, trade facilitation and advisory in Africa and beyond, the bank noted in a statement.

UBA emerged Global Finance’s Best SME Bank for 2023 in Nigeria, Ghana, and Mozambique, awards that spotlighted the bank’s continuous resolve towards supporting small and medium-scale businesses, which is the life of any growing economy.

Also, the bank, with a presence in 20 African countries won the 2023 FMDQ Gold Awards in three key categories of Money Market Liquidity Provider, FX Market Liquidity Provider and Dealing Member of the Year, while UBA was also named as Global Finance’s Safest Bank in Senegal 2023.

Responding to the FMDQ Group Awards, the Group Chairman, Tony Elumelu, said: “This recognition is a testament to UBA’s impressive capital strength and capacity to provide liquidity to African financial markets even in the face of harsh economic realities, our market knowledge, dedication to customer services and the trust of our clients.”

Continuing on the global scene, UBA Ghana clinched the World Business Outlook Awards for 2023 as the Best Banking Services Provider Ghana 2023, Leading Financial Services Institutions Ghana 2023 and the Banking CEO of the Year Ghana 2023, which was won by Chris Ofikulu, the then CEO of UBA Ghana.

Earlier, the bank was highly celebrated as it clinched nine prestigious awards including the highly coveted Bank of the Year Africa 2023 at The Bankers Awards 2023, organised by The Banker Magazine – a publication of the Financial Times of London.

UBA’s subsidiaries in eight countries including Cameroon, Chad, Ghana, Cote d’Ivoire, Mozambique, Republic of Congo, Sierra Leone and Tanzania, underscoring the bank’s dominance and impact across diverse African markets.

UBA’s Group Managing Director, Oliver Alawuba, who received the awards on behalf of the bank, said: “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.”