UBA reports N61.7bn Profit After Tax in Q3 2018

United Bank for Africa (UBA), a Tier 1 financial institution in Nigeria, on Wednesday released its interim financial report for the period ended, September 30, 2018. In the report, UBA recorded 1.28 percent growth in its Profit After Tax (PAT), which rose to N61.698 billion up from the N60.920 billion recorded in the corresponding quarter […]

UBA reports 16% half-year growth in gross earnings

The United Bank for Africa Plc has announced its audited 2018 half-year financial results, showing strong growth across key performance metrics as well as significant contributions from its African subsidiaries. Despite declining yield environment in two core markets, Nigeria and Ghana, the pan Africa financial institution delivered double-digit growth in gross earnings, as it recorded […]

Shareholders approve UBA’s 85k/share dividend for 2017

Shareholders of United Bank for Africa Plc (UBA) have commended the bank’s management over the impressive financial performance achieved at the end of the 2017, financial year and particularly the remarkable achievements of its African subsidiaries which contributed over 45 percent of the group’s income. The shareholders, at the bank’s 56th Annual General Meeting in […]

UBA links improved results to prudent balance sheet mgt, others

The Group Chief Finance Officer of the United Bank for Africa, Mr. Ugo Nwaghodoh, has linked the bank’s improved performance in the 2017 financial year to prudent balance sheet management, among other operational control measures. Nwaghodoh, during a media chat in Lagos, noted that in the year under review the bank recorded a 23 per […]