UBA Group to Commence Full Banking Operations in France

As part of President Bola Ahmed Tinubu’s state visit to France, the Chairman of UBA Group, Tony Elumelu in the presence of President Tinubu and the President of France, Emmanuel Macron signed a landmark business cooperation agreement with the French Finance Minister, Antoine Armand.

The agreement is a significant indication of support by the French Government for the development of UBA’s full banking operations in France.

Speaking at the signing ceremony, Tony Elumelu, the Chairman of UBA Group commented:
”This partnership reinforces our commitment to seamless international banking services for our customers, not just across the 11 Francophone African countries we serve, but Africa as a whole; and French and European customers transacting with Africa. Expanding into France is a natural progression, with Paris serving as our European Union hub, as we continue to bring Africa and the world together, through innovative financial solutions. Paris will join London, New York and Dubai, as a critical component of our unique global network.”

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group-wide and serving over 45 million customers globally.

Operating in twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

SEC DG: Capital Market Has Capacity to Fund Abuja Infrastructure Projects

Dr. Emomotimi Agama Director-General Securities and Exchange Commission (SEC) The Director-General of...

Mutual Benefits: Shareholders Back Strategic Growth Direction at 30th AGM

Historic 30th AGM: L-R: Managing Director/CEO, Mutual Benefits Life...

NGX, Brazilian Business Delegation Explore Areas of Collaboration, Partnership

WELCOME REMARKS BY ALHAJI (DR.) UMARU KWAIRANGA GROUP CHAIRMAN,...

Leadway’s Post-Recapitalisation Signals Era of Digital-First Insurance for Critical Sectors and Nigeria’s Next Generation

Leadway Assurance, Nigeria’s foremost insurance services provider and a...

The 2026 Almond Insurance Industry Awards Voting Opens Officially

L-R:  Mr. Obinna Chilekezi, Member, Panel of Judges, 2026...

Topics

How MTN’s Financial Woes Highlight the Challenges of Doing Business in Nigeria 

  By Elvis Eromosele  Doing business in Nigeria is tough. While...

Rand Merchant Bank Nigeria Acts as Lead Issuing House on the N236bn PRESCO Rights Issue

Rand Merchant Bank Nigeria Limited is pleased to announce...

Centre for Financial Journalism Launched in Nigeria

The Centre for Financial Journalism has been launched...

3 Ways to Connect the Dots of Nutrition in Nigeria

Food is a universal language. It knows no barrier....

Business Journal Weekly Online Newspaper to go LIVE August 7

The Business Journal weekly online newspaper will commence publication...

Fidelity Bank Extends Lifeline to Makoko Community

L-R: Proprietor, Part of Solution School, Makoko, Prince Shemede...

Guinea Insurance ED, Pius Edobor, Joins Board of CIFCFIN

Dr. Pius Edobor Executive Director, Finance & Administration Guinea Insurance Plc Guinea...

Stanbic IBTC Retains AAA, F1+ Fitch National Ratings

According to a recent report by Fitch Ratings, a...
spot_img

Related Articles

Popular Categories

spot_imgspot_img