The United Bank for Africa (UBA) Plc has again been recognised as the ‘African Bank of the Year 2021’ by the Banker Magazine in 13 countries.
The Banker Magazine, a global finance news publication published by the Financial Times of London, noted the bank for its solid financial performance, excellent service delivery to customers, and its continuous role in facilitating rapid economic growth across the African continent.
John Everington, Middle East and Africa editor for The Banker, at the virtual award ceremony on Wednesday, said that the selection process was rigorous and highly analytical.
“While several African banks impressed the judges this year, there was no doubt as to the worthiest recipient of the Bank of the Year for Africa — UBA Group — a clear winner across a wide range of criteria,” Everington said.
Kennedy Uzoka, chief executive officer and group managing director, UBA, who was delighted about the recognition, said that the bank would always work at being the best.
“The recognitions come as a reassurance that we are on track in consolidating our leadership position in Africa, as we continue to create superior value for all our stakeholders.”
Uzoka added that the bank won 14 total awards in 13 subsidiaries and the Bank of the Year on the African continent as he expressed his gratitude to both customers and staff.
“We have our millions of customers across the globe and our many thousands of staff to thank for this. They are the very reason why we keep winning,” he said.