UBA Headquarters in Lagos
UBA Group headquarters in Lagos  

United Bank for Africa logo

United Bank for Africa Plc (UBA) is one of the oldest banks in the country with history dates back to 1949 when the British and French Bank Ltd commenced business in Nigeria. Today UBA is one of the largest banks in Sub-Sahara Africa outside South Africa. It offers financial services to over 7.2 million customers in 19 African countries as well as in the United States, United Kingdom and France. United Bank for Africa has the largest distribution network in Nigeria with over 600 branches, more than 1,580 ATMs and 8,000 POS terminals. At the end of December 2013, the company had about 12,900 staff worldwide. UBA currently operates in Benin, Burkina Faso, Cameroon, Chad, Gabon, Ghana, Guinea Conakry, Cote d’Ivoire, Kenya, Liberia, Senegal, Sierra Leone, Tanzania, Zambia, Uganda, USA, France, Cayman Islands and the UK. In addition to these, UBA have obtained licenses to operate in Mali, Democratic Republic of Congo, Mozambique and Congo Brazzaville. UBA is a full service bank offering a broad range of financial services including corporate, commercial, consumer and international banking, trade services, cash management, treasury and capital market services, trust services, pension management, stock-broking, issuing house services, securities underwriting, security registration and custodial services. In 2005, UBA acquired Continental Trust Bank (CTB) and subsequently Trade Bank, Metropolitan Bank, City Express Bank, African Express Bank, Gulf Bank and Liberty Bank. The Bank’s shares are widely held by local and foreign individuals, as well as institutional investors. Except First Dominion Investment Limited and the Bank of New York Mellon, who owned 6.5% and 5.7% of the bank’s shares respectively, no single investor owned more than 5% of the bank’s shares. At March 31, 2014, UBA Group had total assets of over N2.613 trillion, total deposits of N2.189 trillion, total loans of N1.010 trillion and shareholders’ funds of N246.279 billion. As of May 26, 2014, the Bank's market capitalization was N237.5 billion.

 Financials (N billion, at December 31)

  2013 2012 2011 2010
Total assets 2,642.296 2,272.923 1,942.793 1,617.696
Total deposits 2,221.764 1,777.788 1,444.988 1,267.171
Total net loans 963.871 687.435 689.625 630.626
Shareholders’ funds 235.036 192.467 170.033 179.426
Head office address:
UBA House, 57 Marina
P.O. Box 2406
Lagos, Nigeria
Phone: +234 700 2255 822
Fax: +234 1 2644760
Website: www.ubagroup.com
United Bank for Africa

UBA Global Locations

Ads