Tinubu and Macron Present as UBA Signs Agreement to Begin Operations in France
In a signing ceremony held in Paris on Thursday during President Bola Tinubu’s state visit to France, United Bank for Africa (UBA) entered into a business cooperation agreement with the French Finance Minister, marking the bank’s expansion into France.
The event, part of Tinubu’s two-day visit aimed at strengthening economic and diplomatic ties between Nigeria and France, underscores the growing partnership between Africa and Europe.
Speaking at the signing ceremony, Tony Elumelu, Chairman of UBA Group, emphasised the significance of the partnership:
“This partnership reinforces our commitment to seamless international banking services for our customers, not just across the 11 Francophone African countries we serve, 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.”
Also Read: ‘We See Our Relationship as a Partnership Between Equals’ – Tinubu & Macron
With 25,000 employees and over 45 million customers globally, UBA is one of Africa’s leading financial institutions. Operating in 20 African countries as well as the UK, USA, UAE, and now France, the bank offers retail, commercial, and institutional banking services.
