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Societal Digest - An independent news and analysis platform covering the issues that shape public life. > Blog > Banking News > UBA RECEIVES INTERNATIONAL ACCOLADES IN GLOBAL FINANCE AND BANKING
Banking News

UBA RECEIVES INTERNATIONAL ACCOLADES IN GLOBAL FINANCE AND BANKING

Oluwayomi Oluwapelumi
Last updated: January 22, 2024 1:15 pm
Oluwayomi Oluwapelumi
Published: January 22, 2024
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UBA Receives International Accolades in Global Finance and Banking

United Bank for Africa (UBA) Plc, known as Africa’s Global Bank, has garnered several prestigious international awards, solidifying its position as a key player in the financial industry. Recognized for outstanding performance, the bank received accolades in critical areas such as financial intermediation, project financing, trade facilitation, and advisory services.

UBA clinched the title of Global Finance’s Best SME Bank for 2023 in Nigeria, Ghana, and Mozambique, showcasing its commitment to supporting small and medium-sized businesses, vital for economic growth. Additionally, the bank triumphed at the 2023 FMDQ Gold Awards, securing honors in Money Market Liquidity Provider, FX Market Liquidity Provider, and Dealing Member of the Year categories.

On the global stage, UBA Ghana excelled at the World Business Outlook Awards 2023, being recognized as the Best Banking Services Provider, Leading Financial Services Institution, and with Mr. Chris Ofikulu winning Banking CEO of the Year for Ghana. The bank’s global recognition extended to being named Global Finance’s Safest Bank in Senegal for 2023.

UBA’s Group Managing Director, Oliver Alawuba, expressed gratitude for the awards, emphasizing the bank’s dedication to consolidating its leadership position in Africa. The bank’s subsidiaries in eight countries further underscore its dominance and impact across diverse African markets.

The Editor of The Banker, Joy Macknight, highlighted UBA’s consistent excellence, noting its impressive performance across various criteria. UBA’s recent achievement of joining companies with a N1 trillion capitalization reflects its robust growth trajectory and market confidence, with shares named the highest performing in the banking sector in 2023.

With a presence in 20 African countries and international hubs like New York, London, Paris, and Dubai, UBA continues to connect people and businesses across the continent through a range of banking services, innovative cross-border payments, and trade finance.

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