About Us

We have more than 65 years of providing uninterrupted banking operations, dating back to 1948

70 years of uninterrupted banking operations

Currently, UBA has 18 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.

Kenya at a Glance

Kenya has been described as a country of “Firsts and Wonders”. Sitting on a 581,309 km2 acre of land, the country has one of the finest climates and geography; a wonderfully embroidered socio-cultural fabric; and a fast-growing economy.

Kenya’s beautiful diversity is not restricted to its flora and fauna; it is also evident in its people and their culture. Kenya’s 45 million people can be grouped into 42 ethnic communities.

Although the different communities speak different vernaculars, English together with Kiswahili comprise the country’s official languages.

Kenya’s central location in East Africa is attractive to investors from all over the world and investing in this Kenya gives one access to a market of over 135 million consumers, an abundant, well-trained labour force which is mobile, skilled and enterprising.

Kenya is the leading growth and investment hotspot in Africa. It is expected that this economic growth will continue in the medium term. The government, which aims to transform Kenya into a middle-income country, is committed to improving the investment landscape. Tech innovations and renewables are the most promising sectors, having gained momentum in Kenya in recent years.

Agriculture, real estate, tourism, and infrastructure projects are the leading areas for investment. Most forecasts show investor confidence in the country’s business climate to be strong. Kenya offers huge investment opportunities for global and regional players, and investors are likely to remain interested in the country.

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. BFB was a subsidiary of Banque Nationale de Crédit (BNCI), Paris, which transformed its London branch into a separate subsidiary called the British and French Bank, with shares held by Banque Nationale de Crédit and two British investment firms, S.G. Warburg and Company and Robert Benson and Company.

 

 

Leadership

The management team of the group is made up of a crop of seasoned and industry-recognized professionals, with diverse (but complementary) skills in various backgrounds, as well as depth of experience (garnered from national and international institutions).

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