Tag: United Bank for Africa

UBA introduces instant PIN for debit cardholders

United Bank for Africa Plc on Sunday said it had introduced an innovation allowing customers to immediately select their Personal Identification Numbers for their debit cards. The development, according to a statement by the bank, eliminates the current process of handing out PINs in sealed mailers. The bank stressed that […]

Nigeria’s UBA looking to put $2 bln into African power sector

* UBA seeks to invest $2 bln in Africa power projects * Loan book growth up 14 pct in 6 months Nigeria’s United Bank for Africa (UBA) has invested $700 million this year financing power assets in Africa’s second biggest economy and is looking to put $2 billion into power […]

UBA’s H1 Performance Driven by 20.1% Interest Income Growth

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The recent performance of the United Bank for Africa Plc (UBA) recently released Half Year (H1) 2013 unaudited result is mainly driven by 20.1 percent (20.1%) growth in interest income to N88.6 billion compared to N73.8 billion it recorded in H1 2012. Afrinvest […]