United Bank for Africa (UBA) has won the of Bank of the Year and the International Bank of the Year categories during the BusinessDay’s Bank and other Financial Institutions Awards (BAFI) held at the weekend in Lagos.
The Tier-1 lender beat other strong contenders – Zenith Bank, Guaranty Trust Bank, Access Bank and First Bank – to clinch the two top categories in a well-attended ceremony comprising of Bank CEO’s, Captains of Industries and Senior financial executives.
UBA won the ‘Bank of the Year’ in recognition of UBA’s consistent effort in outperforming its peers using a composite of financial metrics, strategic foresight, execution discipline, world-class governance and global vision.
The Bank also won the award for ‘International Bank of the Year’, a keenly contested category, that pitches Nigerian financial institutions that have expanded on the continent against their international peers operating across Africa.
UBA’s Deputy Managing Director, Liadi Ayoku, who received the awards on behalf of the bank, expressed his delight on the recognition from BusinessDay.
He said, “These awards mark another milestone for UBA Group and are a testament of the diligent execution of the bank’s strategic initiatives on customer service.
Being recognised as Nigeria’s best bank complements positive feedback from customers and is a recognition of our improving efficiencies, service quality and innovation.
I, therefore, dedicate it to our growing loyal corporate and retail customers, who are our essence.
Given our heritage commitment to Africa’s development, we continue to impact lives through our service as well as funding to individuals, businesses and government.”