26 October 2009
Content from our Premium Partner

United Bank for Africa Group (Lagos)

UBA Tanzania Now Open for Business

press release

UBA Tanzania has opened its doors to the public today, Monday 26 October 2009, following receipt of approval of the Bank of Tanzania to commence banking operations in Tanzania.

With headquarters and business office in the capital city, UBA Tanzania is located at 30C/30D Nyerere Road in Dar es Salaam, the country's largest city. Two more branches will soon open in strategic locations within the city centre and main market.

With the opening of UBA Kenya, earlier this month, UBA now has presence in three key East African countries namely Kenya, Uganda and Tanzania, making the bank strategically positioned as an ideal partner for regional businesses in East Africa. The opening of Tanzania brings to 13 the number of countries where UBA has operations. The other countries are Nigeria, Ghana, Uganda, Cameroon, Cote d'Ivoire, Liberia, Sierra Leone, Senegal, Burkina Faso, Chad, Benin and Kenya.

UBA will provide comprehensive world class financial services to support Corporate and Retail customers. In addition to introducing innovative products and services to the market, UBA is determined to change the way people bank in Tanzania by targeting the unbanked. The bank will also build strong public and private partnerships to complement government's efforts in the area of infrastructure development.

United Bank for Africa (UBA) Plc is one of Africa's leading financial institutions offering banking services to more than 7 million customers across 750 branches in 19 African Countries. With presence in New York, London and Paris, UBA is connecting people and business across Africa through retail and corporate banking, innovative cross-border payments, trade finance and investment banking.

Click here for an overview of UBA Tanzania

For further enquiries, please contact the following:

1. Charles Aigbe - Tel: +234-802-501-0901; Email: charles.aigbe@ubagroup.com or

2. Lillian Mbayiwa - Tel: +234-703-414-4850; Email: lillian.mbayiwa@ubagroup.com

Copyright © 2009 United Bank for Africa Group. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com).