Africa’s fastest growing bank, United Bank for Africa (UBA) Plc has commenced full banking operations in Mali.
The launch of UBA Mali brings to 20 the number of African countries where the Group currently operates with global operations in the United States, United Kingdom and France.
The launch was occasioned by his Excellency, the President of the Republic of Mali, Ibrahim Aboubacar Keita who gave an unprecedented speech at the opening ceremony.
‘Tony promised it and he did it’, said the President, referring to UBA Group’s Chairman, Mr Tony Elumelu on his promise made several years ago to bring UBA to Mali.
The Malian president commended the tenacity and commitment of UBA and its Group Chairman to the development of the continent, calling African financial institutions to follow the developmental philosophy of the bank and its chairman in growing infrastructure, deepening financial inclusion and being catalysts for eradicating poverty in Africa.
UBA boss Mr Elumelu asserted UBA’s sustainability principles and philosophy. “UBA is Africa’s global bank, a leading pan-African brand, committed to democratising banking on the continent. We are progressive partners for African corporates, institutions and governments whilst also helping to fulfil the financial aspirations of individual customers. Our train has finally arrived in Mali. We are here for mutual progress; we are here for shared prosperity”. Elumelu noted.
UBA Managing Director, Mr. Kennedy Uzoka also expressed his enthusiasm on the Group’s operation in Mali.
The CEO, UBA Mali, Alhassane Sissoko told customers that the Bank is optimistic on the competitiveness of its franchise in Mali with strong potentials for accelerated market share gain over the near to medium term. He re-assured private and public sector players of good things to come. “The advent of UBA in Mali marks a turning point in the history of the Malian banking sector with new opportunities for businesses and individuals. We will always have in mind, the progress of our customers’ Sissoko said.
Also present at the launch were the Prime Minister of Mali, Mr Soumeilou Boubeye Maiga; the Mayor of Bamako, Mr Adama Sangare; the Minister of Economy and Finance, Dr Boubou Cisse; the Minister of Digital economy and Communications, Mr. Harouna Touré and many other dignitaries.
UBA has become one of the leading providers of banking and other financial services on the African continent. The Bank provides services to over15 million customers globally, through one of the most diverse service channels in sub-Saharan Africa, with over 1,000 branches, customer touch points and robust online and mobile banking platforms.