Strengths & Ratings

The creation of a corporate culture founded upon strong organizational values and performance-driven operating norms, has meant that our people find their unique careers in the group as one of the most challenging, rewarding and exciting opportunities there is within their areas of operation, enabling them to give their best. 

Our Ratings
UBA achieved improved ratings by the following internationally respected rating agencies namely;

Following the recent deployment of the Enterprise Wide Risk Management Framework, the increased emphasis being placed on corporate governance and business capacity building with technical assistance provided by a number of notable alliance partners (Ernst & Young UK, KPMG, the IFC and McKinsey's & Co), we expect rating upgrades even though our existing ratings rank with the highest in the Nigerian Banking sector.

Our Strengths
Our strength as a group lies primarily in our diverse people and their limitless capacity to bring their passion to bear on the development and delivery of innovative products and services, creation of excellent customer experience and delivery of results. other attributes are;

• Largest bank by total assets in West Africa and largest bank by total deposits in the Nigerian Market hence capable of maintaining a significant market share. In the developing Nigerian economy the Bank anticipates that it will be able to partake significantly in financing some of the upcoming opportunities in power, telecommunication amongst other sectors.



• Widest reach in Nigeria, presence in the regional and international financial markets.



• Diverse customer base of leading large corporates, high net worth individuals and wide coverage of the retail market. The Bank believes that using its wide reach, it will be able to acquire s further share of the retail market, retain and increase the number of large corporate institutions it does business with.



• Strong, reputable financing relationship with most State Governments and the Federal Government and has been able to consummate large transactions for both levels of government.



• Experienced management team with a proven track record. The Bank’s management has substantial experience in the Nigerian banking industry. Management is focused on introducing and maintaining a culture with an emphasis on setting and meeting strategic objectives. The Bank’s management believes it has consistently demonstrated its ability to deliver on its strategic objectives.



• Strong balance sheet with conservative risk management. Despite its growth, the Bank has maintained its focus on risk management. The Bank continues to undertake a review of its risk management processes, as a result of which the Bank believes it has advanced its risk management processes and loan approval procedures.



• Strong profitability. The Bank believes that it is one of the most profitable financial institutions in Nigeria and will continue to produce and maintain this position.



• Competitive advantage in the industry on basis of the Bank’s information technology platform which allows the Bank to achieve faster customer service, greater centralisation of back-office functions and increased process automation.



• Full coverage of all segments of the financial markets through the Bank’s dedicated and streamlined subsidiaries. These areas include investment banking, asset management, trustee business, registrars business, stockbroking business, insurance business, pension fund custodian amongst others.



• Strong corporate social responsibility will enhance the Bank’s brand image and will ensure it continues to give back to the society through UBA Foundation.