The Group Managing Director of the United Bank of Africa (UBA), Kennedy Uzoka has disclosed that the Bank has been re-admitted into the Forex (FX) Market few hours after its suspension by the Central Bank of Nigeria.
In a release by the Central Bank of Africa, it confirmed that the UBA Plc “has remitted all outstanding NNCP/NNLG deposit in its possession to NNPC’s Treasury Single Account (TAS) at the CBN”.
The release further stated that “accordingly the UBA Plc has been re-admitted into the Foreign Exchange Market effective Thursday 25th August, 2016”.
Kennedy Uzoka Group Managing Director of UBA in a letter thanked the UBA Managing Director, Sierra Leone Ndubuisi Ejiofor “for your abiding confidence in our bank and for the commitment you continue to display. Please inform our customers of this development and thank them for their continued goodwill and patronage.”
Mohamed Konneh Marketing, Corporate Communications and Brand Management said the Bank is committed to give superior customer service and their vision is to dominate and be the leading financial service provider in Africa and beyond.
UBA Plc is one of Africa’s leading financial institutions offering banking services to more that seven million customers across 750 branches in 19 African countries.
UBA Sierra Leone Limited starts operations in 2008 and “within this eight years we have emerged as one of the best with six branches in the country, Lungi, Makeni, Freetown and the seventh to be established in Bo soon.” Konneh said
Adding that for 2015, their Profit Before Tax was Le24 billion “and we hope to double it this year”.
No comments:
Post a Comment