UBA plans expansions to Saudi Arabia, more African countries
United Bank for Africa (UBA) Group has unveiled plans to establish a branch in Saudi Arabia and expand its footprint across Africa by 2025.
Group Managing Director, United Bank for Africa (UBA) Plc, Mr Oliver Alawuba, during a send-forth dinner held in Abuja to honour the bank’s retired non-executive directors, said the bank remains focused on building sustainable institution.
Said he: “Our chairman was in Saudi Arabia recently and announced that UBA will establish its presence there next year. We will also launch additional African subsidiaries, ensuring that the bank grows from strength to strength.
“UBA’s strategic expansion into Saudi Arabia and the establishment of additional African subsidiaries mark a significant step in its growth trajectory”.
Alawuba commended the contributions of the retirees to building the institution’s legacy, stating that “UBA currently employs over 25,000 staff and serves more than 45 million customers across 24 countries, and the UBA that will continue to thrive for generations.”
Chairman, United Bank for Africa (UBA) Plc, Mr Tony Elumelu, also praised the retired directors and their families for their dedication and sacrifices during his remarks at the event.
