United Bank for Africa (UBA) Secures 'African Bank of the Year' Title at 2023 Bankers Awards

United Bank for Africa (UBA) Secures 'African Bank of the Year' Title at 2023 Bankers Awards

 RALD NEWS MEDIA Reports: United Bank for Africa (UBA) Secures 'African Bank of the Year' Title at 2023 Bankers Awards

In an impressive feat at the 2023 Bankers Awards by The Banker Magazine, UBA Group clinches the prestigious 'African Bank of the Year' award, affirming its dominance across the continent. The Financial Times of London's publication recognized UBA's outstanding performance, with the bank securing a total of nine awards at the event.

UBA's triumph extends beyond the overall African Bank of the Year title, as its subsidiaries in Cameroon, Chad, Ghana, Cote d’Ivoire, Mozambique, Congo, Sierra Leone, and Tanzania individually emerge victorious as the Bank of the Year in their respective countries. This achievement marks the second time in the past three years that UBA has claimed the regional award for the best bank in Africa, following its 2021 win.

Oliver Alawuba, UBA’s group managing director, expressed gratitude for the recognitions, emphasizing that these accolades reinforce the bank's commitment to consolidating its leadership position in Africa and delivering superior value to stakeholders. Alawuba acknowledged the hard work, dedication, and innovative spirit of the entire UBA team, highlighting their role in consistently providing top-notch banking services.

Joy Macknight, editor of the Banker Magazine, commended UBA's clear victory, citing the bank's strong financial performance across most markets and its impressive footprint. Despite fierce competition among major banking groups on the continent, UBA emerged as the Bank of the Year for Africa for the second time in three years, a testament to its strength and competitiveness in various markets.