Global Finance, an International Finance Magazine has named The United Bank for Africa, Ghana (UBA) among the world’s safest bank in 2022 rankings.
UBA took the 4th position in Africa and was recognized as the only bank in Ghana to make it into the prestigious list provided by the three rating Agencies- Moody’s, Standard & Poor’s and Fitch.
A statement issued by the magazine indicated that, as banking systems in most regions of the world struggle with widespread economic stress and the continuous effect of the pandemic, its safest and secured Bank rankings recognize country winners that demonstrated resilience in preserving their franchise to earn this recognition and important designation.
“This recognition is the outcome of UBA’s vision to be the leading financial institution and diligent management of our assets which have placed the bank among the safest banks in the world. We are really delighted that our desire to offer first-rate banking solutions to our valued clients has been globally recognized. We remain committed to upholding the trust of our customers and continue to seamlessly meet their banking needs and expectations.”.
Chris Ofikulu, CEO of UBA Ghana
According to the Global Finance, to be counted as being qualified and competent for inclusion among the Safest Banks by country, entities must be among the world’s largest 1,000 banks by assets and carry at least one long-term foreign currency deposit or debt rating from one of the three major rating agencies.
About UBA Ghana
UBA Ghana is a financial institution in Ghana that provides corporate, commercial, small medim enterprises (SME), consumer and personal (retail) banking services to its customers and the citizens of the country at large.
UBA Ghana begun its operations as a full financial service institution providing banking services in the year 2005. The bank offers a variety of banking products and services to its customers. These services include cheque cashing, money market accounts, personal loans, Certificates of Deposits (CDs), prepaid cards, cashier’s checks, online banking, and Automated Teller Machines (ATMs) and many more.
UBA’s presence in the banking sector of Ghana, has transformed banking in the industry, where competitive innovation in responding to the needs of the customers has become the driving force of the industry. UBA’s world class customer driven innovations have earned it the confidence of the Ghanaian public; as it continues to provide banking services to a wide variety of customers.
Its presence in Ghana plays a vital role to the country at large. UBA provides an effective and efficient mechanism to pool funds from the public to finance economic and developmental activities.
UBA assist the government to raise funds from the public through the purchase and sales and securities. Since inception, UBA has created employment opportunities for most citizens in the country.
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