African subsidiaries contribute 50% to UBA’s earnings – CEO

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United Bank for Africa Plc has announced that all its African subsidiaries are now on firm footing as they have been contributing maximally to the group’s profit margin.

Bawuah voiced her concerns about the current state of the private sector at the Africa Day/ UBA Conversations event, held in Lagos recently.

“It is only in UBA that I know of that you can be an MSME, and once you are faithful to us and you have run the enterprise very well, we are ready to support you, even when you do not have collateral.

 

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