trending Market Intelligence /marketintelligence/en/news-insights/trending/tWV6nfHmri-IKWoBevE6Ag2 content esgSubNav
In This List

Report: United Bank for Africa seeks to expand on continent

Blog

Banking Essentials Newsletter May 29th Edition

Blog

Managed Services Insights: The client lifecycle management solution

Blog

Technology & Automation Insights: Elevating KYC and onboarding efficiency

Blog

Banking Essentials Newsletter: May 15th Edition


Report: United Bank for Africa seeks to expand on continent

Nigeria-based United Bank for Africa Plc seeks to expand its bankingservices to cover more countries in Africa, ThisDay Live reported May 4, citing Chairman Tony Elumelu.

Fogan Sossah, chairman of UBA Senegal SA, said: "Wemust ensure that we have presence in at least 25 countries in the near tomedium term." The group has a presence in 18 African countries as well asin London, Paris and New York.

The lender also plans to boost capital levels at its unitsin Kenya, Tanzania and Uganda, according to the report.