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HomeNewsUBA triumphs as 2023’s top SME bank, grabbing global recognitions

UBA triumphs as 2023’s top SME bank, grabbing global recognitions

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United Bank for Africa (UBA) has received multiple prestigious international awards, highlighting its contributions to Africa’s economic development. UBA was named Global Finance’s Best SME Bank for 2023 in Nigeria, Ghana, and Mozambique, recognizing its support for small and medium-sized businesses. The bank also won three categories at the 2023 FMDQ Gold Awards, including Money Market Liquidity Provider, FX Market Liquidity Provider, and Dealing Member of the Year. UBA was named Global Finance’s Safest Bank in Senegal 2023.

UBA Ghana received the World Business Outlook Awards for 2023 in three categories: Best Banking Services Provider Ghana 2023, Leading Financial Services Institutions Ghana 2023, and Banking CEO of the Year Ghana 2023. UBA also won Bank of the Year Africa 2023 at The Bankers Awards 2023.

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

Group Managing Director Oliver Alawuba expressed gratitude and excitement for the awards, stating that they reaffirm the bank’s leadership position in Africa. UBA provides banking services to over 25 million customers in 20 African countries and is committed to delivering top-notch banking services that positively impact the lives of its customers.

UBA’s strong financial performance is reflected in its share price growth, which has increased over 260% since the beginning of 2023. The bank recently reached a capitalization of N1 trillion, solidifying its market confidence and growth trajectory.

UBA’s services encompass retail, commercial, and corporate banking, cross-border payments, remittances, trade finance, and ancillary banking services. The bank has a presence in New York, London, Paris, and Dubai, connecting people and businesses across Africa.

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