United Bank for Africa (UBA)
| Year of Establishment | 1949 (Incorporated as UBA in 1961) |
| Website | www.ubagroup.com |
| Headquarters | UBA House, 57 Marina, Lagos Island, Lagos, Nigeria |
| MD/CEO | Oliver Chukwudum Alawuba |
| Operations Presence | Over 1,000 business offices and customer touchpoints globally; strong pan-African network |
| Areas of Interest | Retail, corporate, commercial, SME, and consumer banking; trade finance and structured solutions |
| Countries of Operation | 24 African countries, plus UK, USA, France, and UAE |
| Annual Turnover | Revenue (2024): ₦3.2 trillion; Total assets: ₦30.3 trillion |
| Number of Staff | Over 25,000 employees globally |
| Contact Address | UBA House, 57 Marina, Lagos Island, Lagos, Nigeria |
| Best Known As | Africa’s Global Bank – a leading pan-African financial institution celebrated for innovation and reach |
United Bank for Africa (UBA) a pan-African financial institutions, a status reaffirmed by its extensive continental presence, strong financial performance, and global recognition has consistently maintained a leadership place in this annual valuation. This leadership is not only through its wide branch network and customer base but also through its role as a bridge between Africa and the global financial markets.
Founded in 1949, UBA is one of Nigeria’s oldest banks and has transformed into a leading pan-African financial services group. With operations in 20 African countries and presence in major global financial centers including London, Paris, New York, and Dubai, UBA has established itself as Africa’s global bank. It serves more than 45 million customers worldwide through a mix of physical branches, digital platforms, and innovative financial products.
By 2025, UBA had posted solid earnings, strengthened its capital base, and maintained a robust balance sheet, reinforcing investor confidence and sustaining its strong presence on the Nigerian Exchange (NGX). UBA’s international subsidiaries significantly contribute to its revenue.
UBA has been at the forefront of digital banking innovation, with platforms such as Leo, the AI-powered chatbot, revolutionizing customer service and financial transactions. Its internet banking, USSD (919#), and mobile app platforms are among the most widely used in Nigeria, enabling millions of customers to perform seamless transactions. Through continuous innovation, UBA has enhanced financial inclusion, bringing millions of unbanked Africans into the formal financial system.
Corporate social responsibility remains central to UBA’s operations, primarily through the UBA Foundation. The Foundation focuses on education, environment, economic empowerment, and special projects. Notable initiatives include the National Essay Competition, which has provided scholarships and educational opportunities to thousands of African students.
UBA’s excellence has been widely recognized, with awards such as Bank of the Year Africa from The Banker Magazine and repeated recognition as one of Nigeria’s most respected banks. Its compliance with international best practices and adoption of sustainability principles.
With its cutting-edge digital solutions, and strong social impact, UBA remains not just a leading Nigerian bank but a continental powerhouse driving economic growth and financial inclusion across Africa and beyond.
