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Thu, November 28, 2024

UBA Group to commence full banking operations in France


Published on 2024-11-28 23:58:06 - Bill Williamson, WOPRAI
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  • As part of President Bola Ahmed Tinubu's state visit to France, the Chairman of UBA Group, in the presence of President Tinubu and the President of France, Emmanuel Macron, signed a landmark business cooperation agreement with the French Finance Minister, Antoine Armand.

UBA Group, one of Africa's leading financial institutions, has announced plans to commence full banking operations in France, marking a significant expansion of its international footprint. This strategic move aims to enhance UBA's service offerings to its growing clientele in Europe and to facilitate trade and investment between Africa and Europe. The bank will leverage its extensive network across 20 African countries and global presence in key financial hubs like London, New York, and Dubai to provide seamless banking services. UBA's entry into the French market is part of its broader strategy to support African businesses looking to expand internationally and to attract foreign investment into Africa. The initiative includes setting up a full-service branch in Paris, which will offer a range of services from retail to corporate banking, trade finance, and wealth management.

Read the Full Nairametrics Article at [ https://nairametrics.com/2024/11/28/uba-group-to-commence-full-banking-operations-in-france/ ]