Vision
“To be the leading Energy Bank in the West African sub region and a dominant presence in Africa”

Mission
“ We will be the Energy Bank of choice by offering our stakeholders value added customised financial solutions whilst maintaining high standards of professionalism towards all our customers”

Our Customer Segmentation

 

• Upstream: major exploration and oil producing companies
• Downstream: major oil marketing companies and independent marketers. This includes the: refining, petrochemical and transport sector of the oil industry
• Oil Trading: exporters of crude and fuel oil and wholesale importers of refined petroleum products
• Oil Service: the international and leading suppliers and operators of rigs, suppliers of high tech manpower and technical supplies; providers of engineering, geosciences and logistics support (includes transportation, shipping, pipelines, personnel etc); major, general suppliers and turnkey project specialists

Target Customer Segment

• Upstream: major oil exploration & oil producing companies
• Downstream: major oil marketing coys; independent marketers
• Oil Services: ancillary support; service providers
• Oil Trading: major oil exporters

Product Offerings

• Treasury Products
• Current/ Dom. Services
• Credit Facilities – LPO Financing, IDC, Bonds, Guarantees, Export Credit, Agency backed financing solutions, Note Issuance facilities, FCY lending and Hedging products
• Structured/ Project Finance
• Loan Syndication
• E – Banking Services
• Auto Notification
• Card Based Services
• Government Payment and Collection Services
• In Plant tellering services

[back to top]

Our Industry Experience

• Lead and Collecting bank for NNPC/PPMC crude sales, Power Holding Co Nigeria.
• One of two Nigerian banks authorized to establish Letters of Credit to NNPC.
• Lender to Bonny Gas Transport (BGT) USD100 million Vessel Finance I and USD160 million Vessel Finance II.
• Financiers to MAJOR OFFTAKERS of the following refineries : SMB&SIR-Cote d’voire,Sonara-Cameroun,TOR-Ghana,SAR-Senegal and NNPC-Nigeria.
• Lender to a major Upstream company for a 1st and 2nd Pre-Export Finance Term Loans of USD50 million.
• UBA also participated in various other Project Financing for the major Down steam and International oil Service companies
• Largest Buyer of Crude Oil FX proceeds from the major Oil & gas companies among Nigerian Banks.
• We maintain strong account and cordial relationship with NNPC, its JV partners and subsidiaries.

Major Oil & Gas Transaction

• Note Issuance Facilities to Shell Petroleum - US$60million
• Facility Agent on NNPC/Mobil NGL II – $25million
• Facility agent to Nigerian Banks on NLNG Train 4 and 5 project – US$40million
• Elf Petroleum 2nd Pre – export Finance – US$30million
• Facility Agent and Participating bank for Nigerian Content Fund of  US$350million
• Bankers to the facilitator of the Nigerian Joint Qualification System for the Oil & Gas Industry.

[back to top]

Clients

Transactions on import and export transactions

International import and export transactions include but not limited to the following clients;   Average import Trade exposure on Refined products is circa USD500m at any point in time.

Transactions on import and export trades

Recent counterparties to trade transactions include ;

[back to top]
To find out more about how we can meet your energy banking needs, kindly contact us using the email address energybankenquiry@ubagroup.com