UBA To Grow Deposits By 45%, Says Recapitalisation Plans At Advanced Stage

UBA To Grow Deposits By 45%, Says Recapitalisation Plans At Advanced Stage …C0NTINUE READING HERE >>>

United Bank for Africa has said with its recapitalisation plans at an advanced stage, it expects regulatory approval in a couple of weeks as it plans to grow its deposit base by 45 per cent by the end of the year.

Addressing investors at its half-year 2024 Investor Conference, group managing director and chief executive of the bank, Oliver Alawuba, stated that UBA will continue to focus on market leadership as it upholds the ideals of Enterprise, Excellence, and Execution.

“We are at an advanced stage with our recapitalisation process” Alawuba noted, adding that “our application…

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