UBA’s Q3 gross earnings hit N608bn

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Africa’s Global Bank, United Bank for Africa Plc has disclosed that its gross earnings rose to N608bn as of the end of September 2022 from N493bn in September 2021.

UBA shareholders’ funds remained strong at N809bn up from N805bn recorded in December 2021, reflecting a strong capacity for internal capital generation and growth.

Commenting on the result, the Group Managing Director/Chief Executive Officer, UBA, Mr Oliver Alawuba, said the group continued to show notable operating resilience amid significant headwinds in its presence markets amidst heightened global risk environment. Its strong diversification model and unwavering focus on customer satisfaction continued to give the bank an edge over its peers in the industry, he said.

He said, “We continue to reap the benefits of our diversification strategy and customer -1st philosophy and build resilience in our operations across Africa and the rest of the world to support the mission of providing superior value to our stakeholders. “This has translated into strong financial gains evident in growth in our customer deposits and Net interest margin. In addition, we are strategically positioned to drive our market share in our operating countries, with the strong growth of our payments and transaction banking offerings.”All rights reserved.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 8. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

This was amassed from illegal deductions of it's customers savings.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Islamic bank approves $1.8bn to finance Nigerian projectsIn a bid to drive economic growth in Nigeria, the Islamic Development Bank has sanctioned $1.8bn to finance several key projects in the country. Masha Allah
Sumber: MobilePunch - 🏆 8. / 63 Baca lebih lajut »