Our History

UBA successfully raises N20 billion debt capital and acquires majority interest in banks in Burkina Faso and the Republic of Benin.

Operations in other African countries; Kenya, Uganda, Cameroon, Cote d’Ivoire, Sierra Leone, Mozambique, Chad, Congo Brazzaville, Congo DR, Gabon, Guinea, Senegal, Tanzania and Zambia commence. Within this period (2009), the Paris office opens.

UBA merges with Standard Trust Bank and also acquires Continental Trust Bank.

Standard Trust Bank commences operations in Ghana.

UBA becomes the first Nigerian bank to issue Global Depository Receipts.

Standard Trust Bank commences operations.

UBA establishes its New York branch.

UBA becomes the first Nigerian bank to make an Initial Public Offering.

UBA’s London business becomes a subsidiary.

UBA is incorporated as a Limited Liability Company, taking over the assets and liabilities of British & French Bank.

British & French Bank (BFB) commences business in Nigeria with its first office in Lagos.

Launches the Braille Account Opening Form.

UBA and AfCFTA sign $6B SME finance agreement.

UBA wins Financial Times’ Bankers Award for Best Bank in Africa.

UBA commences business operations in Dubai, the United Arab Emirates.

The Bank is again awarded the Prestigious ‘African Bank of the Year by The Banker Magazine. UBA also wins Best Bank in 13 of its African subsidiaries.

UBA receives its operating licence for the United Arab .

Celebrates a milestone achievement of 70 years of banking operations.

Named Africa’s Bank of the Year by “The Banker”.

Establishes subsidiary in Mali.

Launches the first Artificial Intelligence Virtual Banking Bot, Leo on Facebook.

Named Africa’s Best Digital Bank by Euromoney.

UBA Capital Limited receives its wholesome banking licence to commence full banking operations in the UK as UBA UK Limited.

UBA successfully raises $500 million through a 5-year senior unsecured Eurobond and achieves Premium listing on the Nigerian Stock Exchang

UBA Chad and Senegal are awarded Bank of the Year by the Banker Magazine. UBA also wins the Africa Investor Social Infrastructure Deal of the Year award.

Successfully divests from its non-bank subsidiaries and property management business.

UBA wins Financial Times’ Bankers Award for the overall Bank in Africa, Best Bank in Cameroon and Best Bank in Senegal.

Successfully raises fresh equity capital.

UBA Capital (Europe) London opens.