Connect with us

BUSINESS

UBA Extends Africa Footprint, Commences Full Operations In Mali

Avatar

Published

on

The pan African financial institution, United Bank for Africa (UBA) Plc on Monday commenced full banking operations in Mali, extending its footprint and fulfilling the aspiration of deepening banking penetration in Africa.

The launch of UBA Mali  brings to 20, the number of African countries, where the Group currently operates, with global operations in the United States, United Kingdom and France.

The launch of the bank’s latest addition in Mali was occasioned by his Excellency, the President of the Republic of Mali, Mr Ibrahim Aboubacar Keita who gave an unprecedented speech at the opening ceremony. ‘Tony promised it and he did it’, said the President, referring to UBA Group’s Chairman, Mr Tony Elumelu on his promise made several years ago to bring UBA to Mali. The Malian president praised UBA Group for the vision to expand the bank’s footprint to Mali. He commended the tenacity and commitment of UBA and its Group Chairman to the development of the continent, calling African financial  institutions to follow the developmental philosophy of the bank and its chairman in   growing  infrastructure, deepening financial inclusion and being catalysts for eradicating poverty in Africa.

In his response as he welcomed the  dignitaries and all stakeholders present at the launch, Mr  Elumelu, asserted UBA’s sustainability principles and philosophy. “UBA is Africa’s global bank, a leading pan-African brand, committed to democratising banking on the continent. We are progressive partners for African corporates, institutions and governments whilst also helping to fulfil the financial aspirations of individual customers. Our train has finally arrived in Mali. We are here for mutual progress; we are here for shared prosperity”. Elumelu noted.

The Group Managing Director, UBA Plc, Mr. Kennedy Uzoka, expressed his enthusiasm on the Group’s operation in Mali, saying ‘We are in Mali to offer world class financial services that will surpass the expectations of our customers. I assure you that UBA is poised to deliver excellent services to the entire population of Mali’ he posited.

The CEO, UBA Mali, Alhassane Sissoko told customers that the Bank is  optimistic on the competitiveness of its  franchise in Mali with strong potentials for  accelerated market share gain over the near to medium term. He re-assured private and public sector players of good things to come. “The advent of UBA in Mali marks a turning point in the history of the Malian banking sector with new opportunities for businesses and individuals.  We will always have in mind, the progress of our customers’ Sissoko said.

The event ended with President Keita wishing UBA well as he cut the ribbon to open the doors to the newest Bank in Mali, ‘I wish UBA Mali a very good banking life and that their entrance into Mali will expand our banking sector even  more’.

Also present at the launch were the Prime Minister of Mali, Mr Soumeilou Boubeye Maiga; the Mayor of Bamako, Mr Adama Sangare; the Minister of Economy and Finance, Dr Boubou Cisse; the Minister of Digital economy and Communications, Mr. Harouna Touré and many other dignitaries.

United Bank for Africa Plc is a leading pan-African financial services group, with operations in 20 African countries, as well as the United Kingdom, the United States of America and presence in France. UBA was incorporated in Nigeria as a limited liability company after taking over the assets of the British and French Bank Limited who had been operating in Nigeria since 1949.  The United Bank for Africa merged with Standard Trust Bank in 2005 and from a single country operation founded in 1949 in Nigeria – Africa’s largest economy – UBA has become one of the leading providers of banking and other financial services on the African continent.  The Bank provides services to over15 million customers globally, through one of the most diverse service channels in sub-Saharan Africa, with over 1,000 branches, customer touch points and robust online and mobile banking platforms.

•Photo shows, L-R: Group Managing Director, United Bank for Africa (UBA) Plc, Kennedy Uzoka; President, Republic of Mali, His Excellency, Ibrahim Boubacar Keita; Chairman, UBA Plc, Tony O. Elumelu; and the Prime Minister, Republic of Mali, Soumeilou Boubeye Maiga at the official launch UBA Mali in Bamako, making it the 20th subsidiary of the pan African Bank in Africa . . . on Monday

Advertisement
Click to comment

Leave a Reply

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

BUSINESS

UBA Partners LCCI For 2019 Lagos International Trade Fair, Promises Customers 20% Discount On Registration

Peter Okunoren

Published

on

Pan African financial services institution, United Bank for Africa (UBA) Plc, and the Lagos Chamber of Commerce and Industry(LCCI) have partnered to organize the 2019 edition of the Lagos International Trade Fair.

The Fair, which holds between November 1st and 10th, 2019, is the 33rd edition and is expected to provide an avenue for networking and other business opportunities that will assist to catapult business activities in Africa’s largest and busiest city, Lagos and in Nigeria.

UBA, which is the headline partner will be working together with LCCI, to provide a veritable platform that is intended to grow both domestic and international trade. It further presents participants and visitors with opportunities to seal medium and top business deals.

In line with UBA’s unflinching support to the growth of small and medium enterprises (SMEs), the bank is giving a 20% discount to its Small and Medium business customers who register to attend the fair.

UBA’s Group Head, Marketing, Mrs. Dupe Olusola, who expressed excitement at the partnership, noted that the bank, with its extensive spread across Africa and other major economies of the world, is always on the lookout for partnership opportunities that will benefit the business environment and the economies where it operates.

Olusola noted that the Bank is delighted as this year’s Lagos International Trade Fair is coming after a very successful organization of UBAmarketplace by the Bank in Abuja, where over 120 SMEs from 20 African countries exhibited their products, attracting over 50,000 footfalls.

She said, “UBA, the Pan African financial institution, has branches in 20 African countries, including the United Kingdom, the United States of America and France and has always been involved in activities that aim to strengthen business connections and networks across key economies.

“Thus, we have decided to partner with LCCI to promote this year’s fair which is in its 33rd edition because the Lagos International Trade Fair has become a genuine avenue for both domestic and international trade through business to business meetings, product launches, enlightenment opportunities for government agencies’ programmes, and international trade partnership deals across borders” she explained.

She added that the partnership will also offer the bank the opportunities to showcase its array of products to its teeming and new customers, adding that the bank will set up stands at various points to serve its customers and attend to various concerns.

The Director-General of the Lagos Chamber of Commerce and Industry, Mr. Muda Yusuf who praised the collaboration between both institutions, noted that it is a partnership that is expected to yield great benefits, owing to the fact that the LITF hosts an average of 2,000 exhibitors annually, with over 200 foreign exhibitors from 16 countries.

He also added that arrangements have been put in place to make this year’s fair even bigger and better than the previous editions, adding that already, existing and potential exhibitors have been responding positively to register and participate at the Fair.

“We at LCCI believe that this is part of the bold initiatives of the bank with a corporate culture founded upon strong organizational values and performance-driven operating standards”, Yusuf said.

Yusuf stressed that the Chamber would maintain the brand promise of the Fair, with the theme ‘Connecting businesses, Creating value’, adding that this will be sustained this year in all its marketing campaigns.

Continue Reading

BUSINESS

Win N200,000 Cash Prize In The Zenith Bank #ZBZeroBalanceChallenge

Gbemileke Ajayi

Published

on

Win big in the Zenith Bank #ZBZeroBalanceChallenge ⠀
How to win?
(1) ‎Post your one minute video on Instagram before 12 noon on Sunday the 18th of August 2019.⠀
(2) Use the hashtag #ZBZeroBalanceChallenge and tag + follow @zenithbankplc on Instagram.⠀
Click Here to view and download the Zero Balance song.⠀
Note!  ‎
  • Winners will be announced on Tuesday the 20th of August 2019.
  • The participant must have zenith zero account
  • To Open zero account, kindly dial #966*0# and follow the prompts

Prizes🎁

1st prize: N200,000 
2nd prize: N100,000 
3rd prize: N50,000 ‎
The promos run from Sunday the 18th of August 2019.
Continue Reading

BUSINESS

Zenith Bank Introduces Free Banking For Senior Citizens

Gbemileke Ajayi

Published

on

Zenith Bank Plc has introduced the Zenith Timeless Account, which allows Nigerians aged 55years and above to enjoy free financial services.

The Zenith Timeless Account is a product offering targeted at senior citizens (aged 55 years and above), pensioners, potential and existing retirees, that allows them bank for free and conduct banking transactions with ease.

Holders of the Zenith Timeless Account enjoy interest on Savings Account and are not required to pay maintenance, debit card, cheque book, or SMS notification fees. They also enjoy priority treatment at all Zenith Bank branches nationwide, and have access to a wide range of travel and holiday offers on tickets.

Do you have an old saving or current account with Zenith Bank and you are above 55 years old?

Quickly reactivate the account and begin to enjoy all the benefits of the Zenith Timeless Account.

You can visit the bank’s website, www.zenithbank.com , or any of our branches to open the account or reactivate your old account.

 

 

Continue Reading

Most Popular