The bank opened its first business office at the Freeport, Bushrod Island on July 18, 2008.
UBA (Liberia) Ltd. Was incorporated as a private limited liability company on October 10, 2006 and was granted a full banking license by the Central Bank of Liberia on July 17, 2008. The bank opened its first business office at the Freeport, Bushrod Island on July 18, 2008.
The initial capital investment of UBA (Liberia) Ltd. is US$6,000,000 (Six Million United States Dollars) with additional capital investment of US$1,000,000(One Million United States Dollars). UBA (Liberia) Ltd have seven branches, four cash centers, and more than two Hundred and Seventy Five (275) staff.
UBA (Liberia) strategic framework is derived from the Group (UBA Plc.). The Group strategic vision is “To be the undisputed leading and dominant financial services institution in Africa”. The mission is “To be a role model for African businesses by creating superior value for all stakeholders, abiding by the utmost professional and ethical standards, and by building an enduring institution”.
UBA Liberia is at present, the leader in the Digital banking space in Liberia and is controlling the market in term of local currency ATM machines operations, Visa prepaid cards, MasterCard, etc.
UBA Liberia capital adequacy and liquidity ratios remained well above the minimum requirements of 10.0 percent and 15.0 percent, respectively. UBA Liberia is also the moving force in the financial industry in just the last few years.
With compliance being a demand on all UBA subsidiaries and staff in every aspect by UBA Plc, UBA Liberia in her effort to be in full compliance with this mandate and demand from Group was named the most compliant bank in Liberia in 2017 by the Central Bank of Liberia.
Today, United Bank for Africa Plc, having adopted the Holding company model is one of Africa’s leading financial institutions offering universal banking to more than 17 million customers across 1000 branches in 20 African countries. With presence in New York, London and Paris and assets in excess of $19bn, UBA is your partner for banking services for Africans and African related businesses globally.
About UBA Brand
The UBA logo is distinctive, simple, elegant, vibrant and memorable, combining the mustard seed legacy of Standard Trust Bank with the unique typographic UBA logo in predominant red on white.
A Statement From The Group Managing Director/CEO
Our strategic intent is to be the leading financial services institution in Africa by 2020. Our corporate statement focuses on how we intend to drive this; the statement ‘Excellent Services… Delivered’ demonstrates the required focus on our customer regardless of sector or segment.
To further re-enforce this, we have introduced a new set of company values – Enterprise, Excellence and Execution. These values drive the behaviour of over 20,000 direct and support staff across the globe in our organization.
As GMD/CEO of this trusted bank, my focus is on ensuring we:
- – Place the customer first always
- – Work with motivated and productive people; and
- – Consistently create value for all our stakeholders
UBA is Africa’s global bank and our promise is to continue to work hard to remain relevant in a fast and changing world. Having the right technology, channels and platforms to deliver the ease of banking to all our customers regardless of size or objective. We want to be the bank for generations, both young and old alike.– Kennedy Uzoka