UBA wins Global Finance‘s Best SME Bank for 2023

Lagos – The United Bank for Africa Plc, UBA, has emerged as Global Finance’s Best SME Bank for 2023 in Nigeria, Ghana, and Mozambique, awards spotlighting the bank’s success in supporting small and medium-scale businesses, which is the life of any growing economy.

Also, the bank, with a presence in 20 African countries, won the 2023 FMDQ gold awards in three key categories of money market liquidity provider; foreign exchange market liquidity provider, and dealing member of the year. It was also named as Global Finance’s safest bank in Senegal in 2023.

Responding to the FMDQ Group awards, the Group Chairman, Mr. Tony O. Elumelu said: “This recognition is a testament to UBA’s impressive capital strength and capacity to provide liquidity to African financial markets even in the face of harsh economic realities, our market knowledge, dedication to customer services and the trust of our clients.”

Still on the global scene, UBA Ghana clinched the World Business Outlook Awards for 2023 as the best banking services provider Ghana 2023; leading financial services institutions Ghana 2023, and the banking CEO of the year Ghana 2023, which was won by Mr. Chris Ofikulu, the then CEO of UBA Ghana.

Earlier, the bank clinched nine prestigious awards including the bank of the year Africa 2023 at The Bankers Awards 2023 organised by The Banker Magazine, a publication of the Financial Times of London, the world’s leading business newspaper. UBA’s subsidiaries in eight countries, including Cameroon, Chad, Ghana, Cote d’Ivoire, Mozambique, Republic of Congo, Sierra Leone, and Tanzania, also won awards, underscoring the bank’s dominance and impact across diverse African markets.