Delivering Excellent Service and Driving Global Impact Since 1949
Since 1949
A Journey of Dedication, Innovations and Partnerships
We don’t just help you reach financial milestones, we build lasting relationships.
75 Years of Trust
For over seven decades, we have been providing the right support for your business success. Our expertise in doing business across Africa and beyond has been built on your trust in us to help elevate your business to the next level.
75 Years of Impact
Our commitment to Environmental, Social, and Corporate Governance (ESG) principles underscores our dedication to fostering sustainable growth and positive impact. Reaching millions of people across the continent
Our Journey
Take a journey with us through our timeline and see our achievements, innovations and ways we have evolved over the years.
British & French Bank (BFB) commences business in Nigeria with its first office in Lagos
UBA is incorporated as a Limited Liability Company, taking over the assets and liabilities of British & French Bank
UBA becomes the first Nigerian bank to make an Initial Public Offering.
UBA’s London business becomes a subsidiary
UBA establishes its New York branch
Standard Trust Bank commences operations
UBA becomes the first Nigerian bank to issue Global Depository Receipts
Standard Trust Bank commences operations in Ghana
UBA merges with Standard Trust Bank and also acquires Continental Trust Bank
Successfully raises fresh equity capital
UBA Capital (Europe) London opens
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 wins Financial Times’ Bankers Award for the overall Bank in Africa, Best Bank in Cameroon and Best Bank in Senegal
Successfully divests from its non-bank subsidiaries and property management business
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
UBA successfully raises $500 million through a 5-year senior unsecured Eurobond and achieves Premium listing on the Nigerian Stock Exchange
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
Celebrates a milestone achievement of 70 years of banking operations
Named Africa’s Bank of the Year by “The Banker”
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 Emirates
UBA commences business operations in Dubai, the United Arab Emirates
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