United Bank for Africa History

United Bank for Africa History

UBA has more than 65 years of providing uninterrupted banking operations, dating back to 1948 when the British and French Bank Limited (BFB) commenced business in Nigeria.

Learn about our origins, foundations and beginnings

Since its founding in 1948, UBA has been serving the households, businesses and communities of Africa. We’re happy to have spent over 65 years of providing the best services to our customers.

70 years of uninterrupted banking operations

Currently, UBA has 20 African subsidiaries, contributing about 20% of the Group’s balance sheet, with a target of contributing 50%. We’re on a quest to build the strongest domestic and African brand.

Our Mission

To be a role model for African businesses by creating superior value for all our stakeholders, abiding by the utmost professional and ethical standards, and by building an enduring institution.

Our Vision

To be the undisputed leading and dominant financial services institution in Africa.

A Statement From The Group Managing Director/CEO

Our strategic intent is to be the leading financial services institution in Africa by 2020. Our corporate statement focuses on how we intend to drive this; the statement ‘Excellent Services… Delivered’ demonstrates the required focus on our customer regardless of sector or segment.

To further re-enforce this, we have introduced a new set of company values – Enterprise, Excellence and Execution. These values drive the behaviour of over 20,000 direct and support staff across the globe in our organization.

As GMD/CEO of this trusted bank, my focus is on ensuring we:

  • – Place the customer first always
  • – Work with motivated and productive people; and
  • – Consistently create value for all our stakeholders

UBA is Africa’s global bank and our promise is to continue to work hard to remain relevant in a fast and changing world. Having the right technology, channels and platforms to deliver the ease of banking to all our customers regardless of size or objective. We want to be the bank for generations, both young and old alike.