Tag Archives: UBA

UBA Increases International Spend Limit on Naira Cards to $2000

Pan-African financial institution, United Bank for Africa (UBA) Plc has announced an immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000. The upward review, which represents a marked increase by 1,900 per cent, allows customers to withdraw up to $2,000 per month as against $100 which was obtainable previously. …

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UBA takes its Read Africa Initiative to Ghana

The UBA Foundation, the Corporate Social Responsibility arm of the United Bank for Africa (UBA) Plc, continued on its quest to educate and empower African youths as it visited the Accra High School in Ghana. UBA Foundation’s Read Africa Initiative was launched in 2011 and has been changing the lives of African students across the continent for six years. The …

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UBA Foundation launches Read Africa in Liberia

In pursuance of its mission to uplift the lives of the communities in which the United bank for Africa (Plc) operates, UBA Foundation’s initiative, Read Africa is visiting schools in African countries to encourage young children embrace the culture of reading. Read Africa is an initiative of UBA Foundation geared at rekindling the dwindling reading culture amongst African youths. Conceived …

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UBA Wins Again! Emerges Financial Brand of the Decade

Pan African banking and financial services group, United Bank for Africa (UBA) Plc has added yet another laurel to its cap as it emerged the Financial Brand of the Decade at the Marketing Edge Awards which was held over the weekend. The award in recognition of UBA’s innovative and pacesetting role, is a product of painstaking review and assessment of …

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Global Investors Oversubscribed UBA’s Debut $500m Eurobond By 240%

As a further validation of UBA’s Pan-African growth strategy, United Bank for Africa Plc (UBA) has successfully raised USD500 million debut Eurobond. The bond was oversubscribed by 240%. The significant investor demand reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. The Global Offering is a five-year senior unsecured benchmark bond (144A/Reg S) listed …

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Bridge Concept Leverage UBA Digital Banking Platforms, Introduces Naija Green Card for Young Nigerians

In line with its business objective of enabling young Nigerians and students to derive maximum benefits from their limited finances, Bridge Concepts Limited has announced a partnership with the pan African Financial institution, United Bank for Africa (Plc) with the introduction of co-branded discount cards known as the Naija Green Card, the first of its kind discount payment solution.  The Naija Green Card powered …

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UBA Puts Customers First, Introduces World Class Mobile Banking App

In demonstration of its commitment to deliver superior and innovative banking solutions to its customers, pan African financial institution, United Bank for Africa Plc, has announced the launch of a brand new mobile banking application with many user friendly features. The new mobile app which comes with the biometric log-in feature for secure, personalized access is now available for download on …

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S&P assigns ‘B/B’ ratings and stable outlook on UBA Plc; at par with the Nigerian Sovereign

International Rating Agency, Standard and Poor’s (S&P) assigned its ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for Africa Plc (UBA). These ratings on the pan African financial institution, United Bank for Africa (UBA) Plc, are at par with S&P ratings on the Nigerian Sovereign. S&P’s ‘B’ rating is the highest rating …

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UBA Revolutionises Mobile Payments with *919# Magic Banking

In line with its determination to dominate Africa’s mobile banking space with the introduction of cutting edge technology-driven products and services, United Bank for Africa (UBA) Group, leading African financial institution, has introduced a full-fledged banking platform, tagged UBA Magic Banking and enabled by dialling *919# within Nigeria.   The USSD code *919#  enables customers to do a multitude of tasks such …

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GTB, FirstBank, UBA Show Evidence of Funding SMEs, Readmitted into FX Market

Guaranty Trust Bank (GTBank) Plc, FirstBank and United Bank for Africa (UBA) Plc wednesday were readmitted into the spot and wholesale forwards segment of the foreign exchange market by the Central Bank of Nigeria (CBN) after the three lenders were able to provide the banking system regulator with evidence that they had been selling FX to Small and Medium Scale …

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