July 23, 2016
The Group
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UBA has maintained a consistent and solid financial performance in its long history. 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 an office in the US (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 has 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 has 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)