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

Stanbic IBTC Bank Nigeria PMI: Marked Growth of New Orders Seen Again in July

Growth was maintained in the Nigerian private sector during...

NAICOM: 43 Insurance/Re Firms Scale Recapitalisation Hurdle, 8 Awaiting Final Verification

The National Insurance Commission, today announced the successful completion...

NLNG Unveils 11 Nominees for The Nigeria Prize for Creative Arts

The first-ever nominees for The Nigeria Prize for Creative...

CBN Lists Five Strategies to Drive Next Stage of Fintech Growth in Nigeria

L-R:  Mr. Emmanuel Ovaga, MD/CEO, PufferPay Ltd; Sola Longe-Okenimkpe,...

NGX Chair: Exchange Adopting Fintech, Digital Solutions to Expand Market

L-R:  Mr. Emmanuel Ovaga, MD/CEO, PufferPay Ltd; Sola Longe-Okenimkpe,...

Topics

NAICOM Chief, Segun Omosehin, Rolls Out 5-Point Agenda for Market Growth

The Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Mr....

Indian Achieves 1OOm Mobile Phone Manufacturing Capacity

The manufacturing capacity of mobile phone factories in India...

Equity Trading on Nigerian Exchange Surges 115% as Reforms Draw Foreign, Domestic Investors

Transactions by domestic and foreign investors on Nigerian Exchange...

Market Statistics Monday, 25th September 2017

Market Cap (N'bn)              12,188.9 Market...

NAICOM Hosts Gambia Central Bank Delegation for Strategic Knowledge Exchange

L-R: Nyang Madeleine Gomez, Leader of Gambia Central Bank...

The Most Important Things to Look at During House Inspection

By Dennis Isong One of the most important jobs you’ll...

Report: 1.3bn 5G Mobile Connections by 2026

As the use of smartphones and tablets on 4G...
spot_img

Related Articles

Popular Categories

spot_imgspot_img