UBA reveals plans on opening Saudi branch in 2025

The United Bank for Africa (UBA) Group has announced plans to open a branch in Saudi Arabia and expand its presence across Africa in 2025.

This was disclosed on Wednesday by the Group Managing Director and Chief Executive Officer, Oliver Alawuba, during a send-forth dinner held in honour of the bank’s retired non-executive directors in Abuja.

Alawuba also revealed that the bank employs over 25,000 staff and serves more than 45 million customers across 24 countries.

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He said, “The UBA, which has over 25,000 staff and serves more than 45 million customers across 24 countries, is the legacy you have contributed to. That is the UBA that will continue to thrive for generations.”

He assured customers that UBA remains steadfast in its mission to build a sustainable institution.

“Our chairman was in Saudi Arabia recently and announced that UBA will establish its presence there next year. We will also launch additional African subsidiaries, ensuring that the bank grows from strength to strength,” he added.