UBA grows Q1 earnings by 48%, profit hits N61bn

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The United Bank for Africa Plc recorded 47.5 per cent growth in its gross earnings in the first quarter of 2023. The Group’s profit before tax also hit N61.4bn.

Commenting on the result, UBA’s Group Managing Director/ Chief Executive Officer, Oliver Alawuba, explained that despite the high inflationary, and challenging global environment, UBA was able to leverage the uptick in interest rates and improved digital offerings, in growing funded and non-funded income.

“We have continued to record improved gains in our customer acquisition and retention strategies across our countries of presence, evident in the 10.5 per cent growth in customer deposits to N8.6tn from N7.8tn at the end of 2022FY.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Nonsense bank in Nigeria You hold my money since yesterday night Am done with you

How UBAGroup UBAFoundation refund my money is my request. It is over 14days

With that their worst banking system? O ga ooooo

UBAGroup are you growing by withholding my money you debited me through POS without paying me my money, I don't understand your growth tin

This bank and hidden charges

UBACares return my funds pls

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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

UBA Group Posts 47.5% Growth In Gross Earnings, Profit Hits N61.4bnAfrica’s Global Bank, United Bank for Africa (UBA) Plc, has released its unaudited results for the first quarter ended March 31st, 2023, recording remarkable Why would they not post a profit when all our money has been missing. I swear e no go better for uba oo. Go and upgrade your facilities stop deceiving us.
مصدر: LeadershipNGA - 🏆 4. / 77 اقرأ أكثر »

UBA Group Posts 47.5% Growth In Gross Earnings, Profit Hits N61.4bnAfrica’s Global Bank, United Bank for Africa (UBA) Plc, has released its unaudited results for the first quarter ended March 31st, 2023, recording remarkable Why would they not post a profit when all our money has been missing. I swear e no go better for uba oo. Go and upgrade your facilities stop deceiving us.
مصدر: LeadershipNGA - 🏆 4. / 77 اقرأ أكثر »