Tuesday, May 5, 2026
32.4 C
Lagos

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

Hot this week

Why Botswana Has the Best Sovereign Rating in Africa

Sovereign credit strength across Africa is concentrated within a...

emPLE Nigeria Paid over N7bn Claims to Support Individuals, Families, Businesses in 2025

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

Passpoint Announces the Financial Orchestration Layer for Africa, Europe, G20

Passpoint, the financial infrastructure company building the orchestration layer...

Fixing the Real Problem with Nigeria’s SIM Recycling System

 By Elvis Eromosele Nigeria’s push to strengthen digital trust has...

Power, People, Finance: Critical Levers for SME Scale at Nigeria Business Summit 2026

Small and medium‑sized enterprises (SMEs) will only scale sustainably...

Topics

Unity, Providus Banks Merger a Done Deal as Integration Progresses

Following the recently held Court-Ordered Meeting and subsequent overwhelming...

Dangote and the Nigeria Refinery Revolution

  Beyond the Monopoly Myths By Moses Braimah When the Dangote...

Afreximbank, Islamic Group Sign $100m Africa Financing Pact

The African Export-Import Bank (Afreximbank), a multilateral financial institution...

Orange Unveils Entrepreneur Club for Start-ups in Africa, Middle East

Orange is launching the Entrepreneur Club, a new space...

Dettol Unveils Handwashing “Letter for Life” Campaign

According to the World Health Organization, Diarrhoea disease is the...

Heirs Life Assurance Wins ‘Agency Company of the Year’ Award by CIFM

L-R: Yetunde Ayeni, Group Head, Resources, Heirs Insurance Group,...

African Airlines Report 1.3% Drop in 2018 Cargo Growth

African carriers saw freight demand decrease by 2.2%, in December...

Stanbic IBTC’s Adopt-A-School Initiative Enhances Education at Waziri Primary School, Niger State

Stanbic IBTC Holdings has successfully completed the renovation of...
spot_img

Related Articles

Popular Categories

spot_imgspot_img