United Bank for Africa Plc (UBA) is a leading financial services provider based in Lagos, Nigeria. UBA offers universal banking to more than 7.2 million customers across 700 Business Offices in 19 African countries with representative offices in New York, London and Paris.
UBA's history dates back to 1948 when the British and French Bank Limited ("BFB") commenced business in Nigeria and the erstwhile STB and CTB both in 1990. Following Nigeria's independence from Britain, UBA was incorporated in 1961 to take over the business of BFB. Although today's UBA emerged at a time of industry consolidation induced by regulation, the consolidated UBA was borne out of a desire to lead the domestic sector to a new era of global relevance by championing the creation of the Nigerian consumer finance market, leading a private/public sector partnership at supporting the acceleration of Nigeria's economic development, and growing the institution from a banking to a one-stop financial services institution, while spreading its footprints across Africa to earn the reputation as the face of banking in the continent.
Today's United Bank for Africa Plc (UBA) is the product of the merger of Nigeria's third (3rd) and fifth (5th) largest banks, namely the old UBA and the erstwhile Standard Trust Bank Plc (STB) respectively, and a subsequent acquisition of the erstwhile Continental Trust Bank Limited (CTB). The union emerged as the first successful corporate combination in the history of Nigerian banking.
UBA provides employment directly or indirectly to 12,978 employees who fondly refer to themselves as 'UBA Lions and Lionesses'. The Bank's 'best-place-to-work initiative' has created a harmonious work environment through which young graduates have grown and transformed into accomplished and well motivated professionals.
As the Corporate Social Responsibility arm of the UBA Group, UBA Foundation is committed to the socio-economic betterment of the communities in which the bank operates, focusing on development in the areas of Environment, Education, Economic Empowerment and Special Projects.
UBA Foundation draws its inspiration from the Group's intrinsic values of humility, empathy, resilience, integrity and its mission statement; "to be a role model for African businesses, abiding by the utmost professional and ethical standards, and creating an enduring institution.