Nigeria: UBA Maintains Steady Loan Growth

14 July 2014

United Bank for Africa Plc's (UBA) audited 2013 full year results has shown the bank has maintained an incremental loan growth in the last four years.

The bank's five-year financial summary reflected a steady, but gradual increase in its loan book. It showed that its loans and advances to customers climbed by 58 per cent in the past four years, to N937.620 billion in 2013, as against the N590.797 billion recorded in 2010.

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