News | Events | Digital PR | Advertising

Home News UBA to Launch Banking Operations in France as Part of Expansion into Europe
News

UBA to Launch Banking Operations in France as Part of Expansion into Europe

Share
Share

The United Bank for Africa (UBA) is set to launch banking operations in France, as announced in a statement by the bank’s group on Thursday.

The move follows an agreement signed between UBA and French Finance Minister Antoine Armand, which took place during President Bola Tinubu’s state visit to France. The agreement was formalized in a ceremony attended by UBA Group Chairman Tony Elumelu, President Tinubu, and French President Emmanuel Macron, marking the French government’s support for UBA’s expansion into the French market.

Elumelu emphasized that this expansion into France is a natural step in UBA’s growth strategy, with Paris designated as the bank’s European hub. He explained, “This partnership strengthens our commitment to providing seamless international banking services, not only to the 11 Francophone African countries we serve but also to French and European customers engaged in transactions with Africa.”

He further stated, “Expanding into France is a logical next step, with Paris serving as our European Union hub. This expansion will complement our existing network in London, New York, and Dubai, further connecting Africa with the world through innovative financial solutions.”

 

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
FeaturesNews

“I Will Present the Evidence”: Senator Natasha Vows to Expose Akpabio in Explosive Harassment Claim

Kogi Central lawmaker Natasha Akpoti-Uduaghan has issued a bold declaration, promising to...

News

Chinese Retailer Lets Employees Take Off for “Unhappy Days”

A Chinese retail company, Pang Dong Lai, has introduced a unique policy...

FeaturesNewsWorld News

Elon Musk Denies Reports of Stepping Back from Government Role, Calls It ‘Fake News’

Elon Musk has dismissed reports suggesting he will step down from his...

EntertainmentEventsNews

Portable vs. Speed Darlington: Celebrity Boxing Match Set for April 18 in Lagos

Nigerian music sensations Portable and Speed Darlington are gearing up for a...