UBA Extends Banking Services to Twitter

Customers of United Bank for Africa (UBA) Plc in the 18 African countries where the bank has operations can now receive transaction alerts on their twitter handle as direct messages.

It is an innovative first from the pan-African bank and currently the only bank in Africa to offer this service.

“What we have done is take social media banking to a new level. Twitter is increasingly becoming a popular means of communication especially among the young adults. As a highly innovative bank, we are giving the Millennials, who are increasingly banking with us an option to get

UBA, ATI Collaborate to Boost Trade

The United Bank for Africa (UBA) Plc has announced a partnership with the African Trade Insurance Agency (ATI) to ease the flow of credit to clients engaging in regional and international trade.

A statement from the bank yesterday revealed that the partnership was sealed in Kenya on Monday, after officials of both institutions led by the Chief Executive Officer, UBA Africa, Mr. Kennedy Uzoka and ATI’s Chief Executive Officer, George Otieno signed the agreement to formalise the deal.

Under the agreement, ATI would provide insurance cover for eligible UBA Group transactions with its political risk and trade credit insurance products. The risk mitigation services would provide an alternative to collateral for

UBA Bags Award

The United Bank for Africa (UBA) Plc said it has been adjudged the “Best Transaction Bank” from Africa in 2014 by UK based magazine, The Banker.

The award, according to a statement from the bank, was hinged on its e-banking platforms.

This, it noted, has positively changed the way businesses manage their cash flow, payments, collections, liquidity, trade and value chain management across their business operations in Africa.

According to the magazine, the judges were impressed by the bank’s demonstration of the improvements made to its transaction services business.

Transaction Banking Editor of the ‘The Banker’ magazine, Jane Cooper said