UBA, the United Bank for Africa, announces plans to expand its operations into Saudi Arabia and launch new African subsidiaries, as part of its global growth strategy. This expansion comes after signing a landmark business cooperation agreement with France.
The United Bank for Africa (UBA) has announced plans to expand its operations into Saudi Arabia and launch new African subsidiaries, marking a significant step in its global growth strategy. This comes after the bank signed a landmark business cooperation agreement with France . The announcement was made by Oliver Alawuba, Group Managing Director and CEO, during a send-off dinner for the bank’s retirees in Abuja.
UBA, which employs over 25,000 staff and serves more than 45 million customers across 24 countries, remains committed to building a sustainable and innovative institution. Alawuba highlighted the bank’s chairman’s recent announcement of UBA’s intention to establish its presence in Saudi Arabia next year, alongside the launch of additional African subsidiaries
UBA Saudi Arabia African Subsidiaries Global Expansion Banking Business Cooperation France
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