UBA Group expands global footprint with banking operations in France

Onome Amuge

United Bank for Africa (UBA Group) and the French Government have inked a groundbreaking business cooperation agreement, aimed at facilitating UBA’s complete banking operations in France.

Bola Tinubu, the president of Nigeria, and Emmanuel Macron, the President of France, bore witness as UBA Group Chairman Tony Elumelu and French Finance Minister Antoine Armand signed the historic agreement, setting the stage for deeper economic ties and collaboration between the two countries.

Speaking at the signing ceremony,Elumelu remarked that the partnership reinforces the Group’s commitment to seamless international banking services for its customers, not just across the 11 Francophone African countries it serves, but Africa as a whole; and French and European customers transacting with Africa. 

“Expanding into France is a natural progression, with Paris serving as our European Union hub, as we continue to bring Africa and the world together, through innovative financial solutions. Paris will join London, New York and Dubai, as a critical component of our unique global network,” the UBA Group chairman stated. 

 United Bank for Africa has firmly established itself as one of the largest employers in the African financial sector, employing 25,000 people across the group and catering to over 45 million customers worldwide. 

With a presence spanning 20 African countries, the United Kingdom, the United States of America, France, and the United Arab Emirates, UBA has been at the forefront of providing innovative retail, commercial, and institutional banking services while also pioneering financial inclusion and cutting-edge technological solutions in the industry.