Pan African
banking and financial services group, United Bank for Africa (UBA) provides
services to more than 11 million customers in 19 countries in Africa and 3
global financial centers in New York, London and Paris. Its influence and
reputation as one of Africa’s largest and most successful financial services
group, has continued to grow with the latest showing at the keenly contested
global banking awards, where it clinched 5 country awards.
UBA won Bank
of The Year 2016 in Gabon, Congo-Brazzaville, Senegal, Cameroon and Chad
at the annual Bankers Award in London, a feat that the Group Managing
Director/CEO, UBA Plc, Mr Kennedy Uzoka dedicated to the customers, whose
loyalty, support and patronage he said has remained the fountain of the Group's
growth and competitive edge in the African continent.
He commended
the country CEOs, staff and other stakeholders of the 5 subsidiaries for the
performance, stating that the Group can achieve more with the renewed focus on
customer service.
“The
recognition speaks volumes. It validates the strong management, staff
committment to service excellence, sound business model and prudent risk
management in these country subsidiaries. We will keep up the good work” Uzoka
said further.
The UBA haul
was one of the highest by any banking Group and a key highlight of the
ceremony, which took place at Hilton London Bankside. Organized every year in
the last 17 years by The Banker Magazine; a publication of the Financial Times,
the awards aim to highlight industry wide excellence within the global banking
community. Over 1,000 applications are collected and judges select winners,
based on pre-set metrics that measure progress over the past 12 months.
The 2016 awards
were quite significant with markets beginning to stabilize and banks refocusing
on growth, following cautious play on low commodity price cycle in the
past few years. Some banks have focused on their domestic businesses whilst
some have pushed their expansion into growing markets, thus making 2016 a good
year for many banks like UBA who have implemented a robust strategy for growth.
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