UBA pre-tax Profit soars 347pc To Sh105 Million
UBA Kenya, part of Lagos-based banking multinational UBA Group, has posted a Sh105 million profit before tax for the period ending December 2019 on the back of growth in interest and non-funded incomes as well as tight control over costs. The jump represents a 347 percent year-on-year growth. The pan-African bank has been on a growth race operating in a competitive environment for more than 10 years that has seen it shift focus to SME and consumer financing needs to grow its loan book
You may also be interested in
United Bank for Africa Plc, Africa’s global bank, announced the appointment of Oliver Alawuba as Group Managing Director, overseeing all the Group’s banking operations across its twenty African country network and globally in the United Kingdom, the United States of America, France, and the United Arab Emirates.
UBA Foundation Joins Rest of the World to Celebrate International Day of the African Child; Donates Books, Reading Sessions Across Africa