The Banker Magazine has named UBA
Chad and Senegal as “Bank of the Year” in their respective countries for
2015. Both awards were presented recently
at the Hilton Bankside, London.
While UBA Chad is winning the award
for the first time, this is the fourth consecutive year that UBA Senegal is
winning the award having won in 2012, 2013, 2014.
“We are proud of winning this award
for the fourth consecutive year. It shows we are now the dominant
bank in Senegal and the bank all other banks have to look forward to beat. The
recognition will only continue to challenge us to explore opportunities to
further deepen our market share in the country said Amie Sow, Managing
Director/CEO, UBA Senegal.
Also speaking on the recognition,
Salami Aliyu, Managing Director and CEO, UBA Chad said “This award shows that
the efficiency and business growth drivers which we put in place are beginning
to pay-off and get us results. We assure that we will sustain this performance
to enable us retain the award in 2016.”
The aim of the awards, according to
the Banker Magazine “is to highlight industry wide excellence within the global
banking community.”
The Banker selects one winning bank
from each of the 120 participating countries. Over 1,000 applications are
collected and Judges select winning banks based on those they believe have made
the most progress over the past 12 months.
Associate Publisher Asia and Africa
of The Banker magazine, Mr. Philip Church stressed that the award is a
testimony to the trust the bank’s clients have shown on its operations over the
past months.
“The recognition of being named as
Bank of the Year in your own country by the world’s longest running
international banking title is testament to the strong management, sound
business model and prudent risk approach of your bank.” Said Phillip Church
The Banker, a publication of
Financial Times Newspaper which is regarded as the most influential newspaper
in the world, is a global financial intelligence magazine published since 1926.
It is the definitive publication that provides guide to bank ratings and
analysis globally and the definitive reference on international banking for
finance experts, governments, chief finance officers, CEOs, central bank
governors, finance ministers, and other decision makers globally.
The UBA Group is a highly
diversified financial services provider, one of the largest financial
institutions in Africa, with business offices in New York and Paris and a
subsidiary in London. The bank controls significant market share in 19
different African countries.
The Group has a strong retail
penetration across the African continent with more than seven million customers
who enjoy a bouquet of products and services tailored to meet their different
financial needs and backed by a cutting edge e-banking platform that offers
secured and convenient real-time online banking services.