United Bank for Africa Plc, the pan-African banking group has commenced operations in Kenya in continuation of its expansion drive.
The bank formally opened its doors to customers in the country, having met all operational requirements of the country’s apex financial regulatory body.
UBA Kenya Limited brings to twelve the number of African countries where the bank has commenced full scale banking operations. The countries include; Ghana, Uganda, Cameroon, Cote d’Ivoire, Liberia, Sierra Leone, Senegal, Burkina Faso, Chad and Benin.
In addition, UBA has operational brand presence in seven other countries, including; Tanzania, Zambia, Gabon, Mali, Guinea Conakry, Congo Brazzaville and Democratic Republic of Congo (DRC), bringing the total presence to 19.
“UBA Kenya will greatly facilitate trade within the East African region and generally across the continent, taking advantage of the growing presence of the bank in Africa and key financial centres of the world,” said Martin Anyanwu, group director, marketing and corporate relations.
Manz Denga, managing director, UBA Kenya, said UBA Kenya currently operates from two branches located on Enterprise Road at the Industrial Area and Westland’s branch located on the Ground floor of the Apollo Centre, on Westland’s Ring Road. “Whilst an additional branch is close to completion on the ground floor of NHIF building, Ragati Road, we have already commenced our search for suitable premises in major towns outside Nairobi, the capital city, in a bid to open more outlets” he said.
Denga said the UBA Limited Kenya would offer full range of corporate and consumer products, with superior service, in a timely and courteous manner to Kenyans. According to him “we understand their unique needs and intend to adequately provide customized products and services to address these needs. We are poised to bring comprehensive world-class financial services to the Kenyan market and make positive contributions to the country’s economy”.
United Bank for Africa (UBA) Plc is one of Africa’s leading financial institutions offering banking services to more than 7 million customers across 750 branches in 19 African Countries.