Historic Milestones Founded over 45 years ago, UBA was the first Nigerian
Bank to be listed on The Nigerian Stock Exchange by
way of an IPO in 1970. The bank was also the first to
issue a Global Depositary Receipt (GDR) which has
attracted significant foreign investment. In 2005, UBA
merged with Standard Trust Bank Plc in advance of
the reform-induced banking consolidation, the first
successful merger in the Nigerian banking industry,
creating the current UBA Plc.
Today the consolidated
UBA is the largest financial services institution in
Nigeria and West Africa, operating out of two of the
most vibrant economies in the sub-region – Nigeria
and Ghana. UBA also has presence in New York and in
the Cayman Islands.