United Bank for Africa Ghana Ltd.
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United Bank for Africa Ghana, a subsidiary of UBA Group, was established in 2004 as part of UBA's expansion into West Africa.[1] The bank is licensed and regulated by the Central Bank of Ghana. UBA Ghana also known as UBA Ghana Ltd. is a subsidiary of the United Bank for Africa, headquartered in Lagos, Nigeria, with branches in twenty other African countries as well as the United Kingdom, France and the United States. The bank operates as a full-service financial institution offering a wide range of products and services, including personal and business banking, loans, investments and digital banking solutions. UBA Ghana is recognized for its commitment to innovation and financial inclusion across the country.[2]
| Company type | Public limited company |
|---|---|
| NGX: UBA | |
| Industry | Financial services Banking Investment services |
| Founded | 1949 |
| Headquarters | Group Headquarters - UBA House, 57 Marina, Lagos, Lagos State, Nigeria |
Areas served | Africa, Europe, United States and Asia |
Key people | Tony Elumelu[3] Group Chairman Oliver Alawuba Group Managing Director & Group CEO[4] |
| Products | Internet banking Mobile banking Wholesale Banking Corporate banking Investment Banking Consumer Banking Collections Treasury Trade finance Savings Accounts Current Accounts Domiciliary Accounts Non-Resident African Banking Money Transfer Debit Cards |
| Revenue |  Beforetax:₦603 billion (US$$358.3 million) (Q3 2024) |
| Total assets | ₦31.801 trillion (US$18.9 billion) (Q3 2024) |
Number of employees | 25,000+ (2024) |
| Website | ubaghana.com |
Location
[edit]The headquarters of UBA Ghana is located at Heritage Tower Ambassadorial Enclave Off Liberia Road Ridge Accra P.M.B 29, Ministries Accra, Ghana.[5]
Overview
[edit]Over the past 20 years, UBA Ghana has offered various services such as retail banking, corporate banking, SME support, and digital solutions like internet and mobile banking. The bank's goal in digital transformation include introducing mobile banking apps and platforms to simplify customer transactions and improve financial accessibility.[2][6][7]
The bank reported a 203% increase in profit for the first half of 2023, driven by its focus on expanding market share and enhancing customer services.[7]
UBA Ghana 20th Anniversary
[edit]UBA Ghana is the first Nigerian bank to establish operations in Ghana. The bank recently marked its 20th anniversary in 2024. Since its inception in 2004, the bank has contributed to the modernization of banking in Ghana, promoting financial inclusion and supporting economic growth. Over the years, UBA Ghana has introduced various innovations, including mobile banking services, the AI-powered chatbot "Leo," and Braille account-opening forms designed to improve accessibility for visually impaired customers. The bank has also provided tailored financial services to support small and medium-sized enterprises (SMEs) and foster entrepreneurship, contributing to economic development in the country.[8][9]
Coperate Social Responsibility
[edit]In addition to its banking services, UBA Ghana has been involved in corporate social responsibility (CSR) initiatives, such as the National Essay Competition, the Read Africa program, and environmental sustainability efforts, including tree-planting campaigns. These initiatives have aimed to support education, youth empowerment, and environmental conservation.[8]
References
[edit]- ^ "75 Years of UBA: A global bank with African roots - MyJoyOnline". www.myjoyonline.com. 2 October 2024. Retrieved 5 December 2024.
- ^ a b "UBA Ghana leading the charge in digital banking and financial innovation - MyJoyOnline". www.myjoyonline.com. 7 October 2024. Retrieved 5 December 2024.
- ^ Lara Adejoro (26 August 2014). "UBA Appoints Elumelu As Chairman". Daily Times (Nigeria). Lagos, Nigeria. Archived from the original (Archived from the original on 3 September 2014) on 3 September 2014. Retrieved 2 July 2020.
- ^ Bukola Aro (August 2022). "Oliver Alawuba appointed GMD of UBA as Kennedy Uzoka retires". Nigeria: TheCable. Retrieved 2 August 2022.
- ^ "UBA Ghana - Head Office, Accra — address, phone number, directions". gh.statex.info. Retrieved 5 December 2024.
- ^ GNA (12 January 2023). "UBA Ghana ranks number one in customer experience". Ghana News Agency. Retrieved 5 December 2024.
- ^ a b "UBA maintains strong financial growth trajectory — Posts 203% increase in profit for 2023". Graphic Online. 18 April 2024. Retrieved 5 December 2024.
- ^ a b "UBA Ghana at 20: A legacy of transforming Ghana's financial sector - MyJoyOnline". www.myjoyonline.com. 14 October 2024. Retrieved 17 December 2024.
- ^ "75 years of UBA: A Global Bank with African roots". 8 October 2024. Retrieved 17 December 2024.