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UBA Opens Kenya Branch

 

As part of its growth strategy, especially across the continent, United Bank for Africa (UBA) has announced its foray into the East African economy by opening its Kenyan subsidiary for business.
The bank, according to a statement, opened its doors formally to customers in the East African country on Wednesday, October 7, 2009 after fulfilling all operational requirements of the country’s apex financial regulatory body. 
Manz Denga, Managing Director of the UBA Kenya, said, “The subsidiary has opened for business with two branches, whilst an additional branch is close to completion.
“We have already commenced our search for suitable premises in major towns outside Nairobi, the capital city, in a bid to open more outlets.”
UBA Kenya Limited, he said, would offer full range of Corporate and Consumer products with superior service in a timely and courteous manner. 
This, he noted, would help promote understanding of the unique needs of the banking public, adding, “We are poised to bring comprehensive world-class financial services to the Kenyan market and make positive contributions to the country’s economy.
“We would adequately provide customized products and services to address the needs of people. 
 “Liability products and trade finance services are on offer, while electronic payment products, money transfer services, card and asset products will be rolled out to customers soon.”
“The opening of UBA Kenya Limited brings to 12, the number of African countries that the bank is currently operating in,” the statement added. 
The countries include Ghana, Uganda, Cameroon, Cote d’Ivoire, Liberia, Sierra Leone, Senegal, Burkina Faso, Chad and Benin. 
In addition, UBA has operational brand presence in seven other countries including Tanzania, Zambia, Gabon, Mali, Guinea Conakry, Congo Brazzaville and Democratic Republic of Congo (DRC), bringing the total presence to 19 African countries. 
Martin Anyanwu, Group Director for Marketing and Corporate Relations said, “UBA Kenya will greatly facilitate trade within the East African region and generally across the continent and would take advantage of the growing presence of the bank in Africa and key financial centres of the world.”
UBA, one of Africa’s leading financial institutions, offers banking services to more than seven million customers across 750 branches in Africa, aside its presence in New York, London and Paris. 
The bank prides itself with connecting people and business across Africa through retail and corporate banking, innovative cross-border payments, trade finance and investment banking.

Gabriel Edgal - UBA Ghana Boss

Gabriel Edgal - UBA Ghana Boss

 

As part of its growth strategy, especially across the continent, United Bank for Africa (UBA) has announced its foray into the East African economy by opening its Kenyan subsidiary for business.

The bank, according to a statement, opened its doors formally to customers in the East African country on Wednesday, October 7, 2009 after fulfilling all operational requirements of the country’s apex financial regulatory body. 

Manz Denga, Managing Director of the UBA Kenya, said, “The subsidiary has opened for business with two branches, whilst an additional branch is close to completion.

“We have already commenced our search for suitable premises in major towns outside Nairobi, the capital city, in a bid to open more outlets.”

UBA Kenya Limited, he said, would offer full range of Corporate and Consumer products with superior service in a timely and courteous manner. 

This, he noted, would help promote understanding of the unique needs of the banking public, adding, “We are poised to bring comprehensive world-class financial services to the Kenyan market and make positive contributions to the country’s economy.

“We would adequately provide customized products and services to address the needs of people. 

 “Liability products and trade finance services are on offer, while electronic payment products, money transfer services, card and asset products will be rolled out to customers soon.”

“The opening of UBA Kenya Limited brings to 12, the number of African countries that the bank is currently operating in,” the statement added. 

The countries include Ghana, Uganda, Cameroon, Cote d’Ivoire, Liberia, Sierra Leone, Senegal, Burkina Faso, Chad and Benin. 

In addition, UBA has operational brand presence in seven other countries including Tanzania, Zambia, Gabon, Mali, Guinea Conakry, Congo Brazzaville and Democratic Republic of Congo (DRC), bringing the total presence to 19 African countries. 

Martin Anyanwu, Group Director for Marketing and Corporate Relations said, “UBA Kenya will greatly facilitate trade within the East African region and generally across the continent and would take advantage of the growing presence of the bank in Africa and key financial centres of the world.”

UBA, one of Africa’s leading financial institutions, offers banking services to more than seven million customers across 750 branches in Africa, aside its presence in New York, London and Paris. 

The bank prides itself with connecting people and business across Africa through retail and corporate banking, innovative cross-border payments, trade finance and investment banking.

Credit: dailyguideghana.com

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