Six subsidiaries of the United Bank for Africa (UBA) Plc have been named ‘Bank of the Year 2020’ by the Banker Magazine, a global finance news publication published by Financial Times of London.

For the second year running, UBA stated that its multiple initiatives which it listed to include its investment in digital technology, adherence to world-class customer services offerings and financing critical projects were recognised by the organisers of the award as UBA Benin, UBA Cote D’Ivoire, UBA Chad, UBA Liberia, UBA Sierra Leone and UBA Zambia emerged best bank in their respective countries.

A statement from the bank revealed that the 2020 edition of the awards ceremony was held virtually and the recognition was the second time ever in the history of the banker awards, that any banking group would be clinching as many as six wins in the same year.

CEO, UBA Africa, Oliver Alawuba, expressed delight over the recognition from The Banker saying, “The recognitions come as a reassurance that we are on track in consolidating our leadership position in Africa, as we continue to create superior value for all our stakeholders,”

He added, “Following the multiple awards won by UBA Group and five of our subsidiaries in 2019, this year’s award is another testament of our hard work and increasing effort by the UBA Group to impact the African continent, positively.

“This award comes at a very auspicious time due to the Covid-19 global pandemic but the UBA Group has been able to stand strong and resilient in its mandate of delivering excellent financial services to over 21 million customers, across 23 countries of operations.

Alawuba dedicated the awards to the over 20,000 staff of bank, adding that, “we believe that this award will spur us on in our renewed commitment to exceed customers’ expectation, always.”

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