Africa’s International Financial institution, United Financial institution for Africa (UBA) Plc, has been introduced because the Finest Regional Financial institution – West Africa on the prestigious African Banker Awards 2024.
The annual African Banker Awards, organised by the African Banker Journal, befell on Tuesday on the JW Marriott Lodge in Nairobi, Kenya, on the side-lines of the African Improvement Financial institution Annual Conferences.
The ceremony was attended by over 300 of the continent’s main figures in banking and finance and UBA being recognised because the Finest Regional Financial institution – West Africa, marks a big milestone particularly because the financial institution celebrates 75 years of delivering on its guarantees, solidifying its legacy as Africa’s International Financial institution.
Whereas receiving the awards on behalf of the financial institution, The Managing Director/Chief Government Officer, UBA Kenya, Ms. Mary Mulili, highlighted the importance of this achievement in keeping with the financial institution’s dedication to its prospects and companions.
She acknowledged, “We’re honoured to be recognised because the Finest Regional Financial institution – West Africa. This award is a testomony to the laborious work, dedication, and innovation of the whole UBA staff.
It displays our dedication to excellence and our unwavering give attention to delivering worth to our prospects. For our international presence, this award reinforces UBA’s place as a number one international monetary establishment with a deep understanding of the African market and a powerful worldwide community.
Persevering with, she mentioned, this award additionally showcases our capacity to function a bridge between Africa and the world, offering seamless monetary options that drive development and prosperity.
As we have fun 75 years of UBA, we stay dedicated to inspiring innovation, development, and excellence. This award isn’t just a recognition of our previous achievement however a motivation to proceed striving for greatness within the years to return.”
In his speech, Chair of the Awards Committee, Omar Ben Yedder, famous that banks and monetary establishments are going by way of an vital transition and are taking part in a vital function in financing development, particularly with the retreat of worldwide banks from the continent.
“We’re seeing a coalition of DFIs taking form and these must see appreciable capital will increase to plug the hole in infrastructure, commerce, local weather, and in addition SME Financing. We’re additionally seeing additional reform and new capital necessities for banks.
It will result in greater banks and we’ve seen how the likes of UBA play a job in financing massive conglomerates and enormous infrastructure tasks, one thing unimaginable 20 years in the past,” he mentioned.
United Financial institution for Africa is among the largest employers within the monetary sector on the African continent, with 25,000 workers group-wide and serving over 45 million prospects globally.
Working in twenty African international locations and in the UK, the US of America, France, and the United Arab Emirates, UBA supplies retail, business, and institutional banking companies, main monetary inclusion and implementing cutting-edge expertise.
