United Bank of Africa Maitama Branch

Get Direction to United Bank of Africa Maitama Branch

United Bank of Africa Maitama Branch

Address

1, Aguiyi Ironsi Street, Maitama, Abuja, Nigeria.

Description

Transcorp Hilton Business Office Branch

History

UBAâ€™s has more than 65 years of providing uninterrupted banking operations dating back to 1948 when the British and French Bank Limited (â€œBFBâ€) commenced business in Nigeria. BFB was a subsidiary of Banque Nationale de CrÃ©dit (BNCI), Paris, which transformed its London branch into a separate subsidiary called the British and French Bank, with shares held by Banque Nationale de CrÃ©dit and two British investment firms, S.G. Warburg and Company and Robert Benson and Company. A year later, BFB opened its offices in Nigeria to break the monopoly of the two existing British owned banks in Nigeria then. Following Nigeriaâ€™s independence from Britain, UBA was incorporated on 23, February 1961 to take over the business of BFB. UBA eventually listed its shares on the Nigerian Stock Exchange (NSE), in 1970 and became the first Nigerian bank to subsequently undertake an Initial Public Offering (IPO). UBA became the first sub-Saharan bank to take its banking business to North America when it opened its New York Office (USA) in 1984 to offer banking services to Africans in Diaspora. Todayâ€™s UBA emerged from the merger of then dynamic and fast growing Standard Trust Bank, incorporated in 1990 and UBA, one of the biggest and oldest banks in Nigeria. The merger was consummated on August 1, 2005, one of the biggest mergers done on the Nigerian Stock Exchange (NSE). Following the merger, UBA subsequently went ahead to acquire Continental Trust Bank in the same year, further expanding the UBA brand. UBA subsequently acquired Trade Bank in 2006 which was under liquidation by the Central Bank of Nigeria (CBN). UBA had another successful combined public offering and rights issue in 2007 and made further banking acquisitions of three liquidated banks namely: City Express Bank, Metropolitan bank, and African Express Bank. The bank also acquired Afrinvest UK, rebranding it UBA Capital, UK. Visit their website to read more

Landmarks

1st Landmark -
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Date Added

01-Aug-2016

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Conversations

Ojelowo Sheriff Rank: Anonymous | 2049 years ago

I want to know where to claim my trade bank shares since 1998 I know uba bought the shares from trade bank when issues came up, have been to high land where uba is located they said uba didn't buy the physical shares, abeg where will i claim my money. Am with the valid document, certificate, thanks

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