Daily Nation Newspaper

United Bank for Africa Zambia Limited bags best bank award

- By BUUMBA CHIMBULU

A COMBINATIO­N of solid financials and improved fo cus on capturing increased business within corporate value chains has provided a chance for the United Bank for Africa Zambia Limited (UBA Zambia) to be award ed 2021 best bank in the country for a second consec utive year.

Officer, Chinedu Obeta.

Mr Obeta stressed that the challenges and complex environmen­t derived from Covid-19 had changed the The institutio­n was awarded way people banked, saying the prestigiou­s '2021 Bank of the award therefore indicat the Year' award by The Banker ed the incredible work that Magazine, a leading global fi the bank was making as it nance news publicatio­n pub aspired to be a leader in the lished by Financial Times of Zambian market.

London. "We are grateful for the

The award is a testament support received from all to the hard work and strides our stakeholde­rs, our board that the bank has continued of directors, UBA Group, to make in enhancing and and most importantl­y our improving Dexamethas­one products was and the ser first steroid customers. shown "As to a be financial effective vices in severely amidst ill Covid-19, Covid-19 patients. says institutio­n, we will contin UBA Zambia Chief Executive ue to churn out innovative,

now be the treat- ment for critically ill patients, the authors added. The only other drug shown to be effec- tive in seriously ill patients, and only modestly at that, is remdesivir.

Steroids like dexameth- asone, hydrocorti­sone and methylpred­nisolone are of- affordable, ten used by and doctors accessible to tamp products down the that meet body’s the immune needs of system, our clients, alleviatin­g whilst offering inflam- top-notch mation, swelling customer and service pain. through Many our Covid-19 Customer patients FIRST die

not of the virus, but of the

Philosophy which puts the

body’s overreacti­on to the in-

needs of our customers at

fection.

the forefront of all we do," he

The analysis of pooled said. data Mr found Obeta said that the steroids bak would were linked continue with to a innovate one-third and reduction be cognizant in deaths of the needs among of Covid-19 its stakeholde­rs patients. by offering Dexa- them methasone superior value. produced the

strongest He also thanked results: the a mem 36 per- bers cent of drop staff for in deaths working in tire 1,282 lessly patients to make treated a strong in three UBA sep-

brand. arate trials.

In June, researcher­s at

And Middle East and Africa Editor for The Banker,

John Everington, explained that a rigorous and highly analytical process was made annually to reach the deci sion for each Bank of the Year award.

Oxford University discov-

"While several African

ered that dexamethas­one banks seemed impressed to improve the judges survival this year, rates there in severely was no ill doubt patients. as to Researcher­s the worthiest had recipient hoped that of the other Bank inexpensiv­e of the Year steroids for Africa might - UBA help Group these - patients. a clear winner Taken across together, a wide range the of new

criteria. studies will bolster confi-

"UBA dence has in performed the use of steroids im pressively and address across its any footprint lingering

hesitancy on the part of

with a strong financial perfor

some physicians, said Dr.

mance across most of its mar kets," Mr Everington said.

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