UBA has maintained a consistent and solid financial performance in its 47 year history since it began business in 1961. We have a history of leading and pioneering innovations in the Nigerian financial sector. The following are some of our landmark achievements:
UBA was the first among international banks to be registered under Nigerian Law in 1961
UBA is the first Nigerian bank to offer an IPO following its listing on the Nigerian Stock Exchange in 1971
UBA is the only sub – Saharan African bank (ex-RSA) with a branch in USA (New York)- set up in 1984
UBA was the first Nigerian Bank to introduce a Cheque Guarantee Scheme known as UBACARD in 1986
UBA is the 1st and only Nigerian Bank to obtain a banking license in the Cayman Islands -1988
UBA is the only Nigerian company with a GDR programme – 1998 (1st for a Nigerian Bank as a means of facilitating international investor interest)
Best Domestic Bank in Nigeria (Euromoney 2000)
UBA is the 1st Nigerian Bank to obtain a banking license in Ghana -2004
UBA was the first ever successful merger in Nigerian banking history - 2005
UBA received excellent credit ratings (short and long term); Global Credit Rating (SA) AA+ and A+ in 2005
UBA was the first to introduce the Nigerian Government Bond Index in 2006.
UBA is the first ever Nigerian Bank to surpass the N1 trillion balance sheet size (including contingents) - 2006
Ranked Number One Bank in Nigeria (Agusto & Co, 2007)
