UBA America, the United States’ subsidiary of Pan African financial
\ninstitution, United Bank for Africa (UBA) Plc, has pledged its
\ncontinuous commitment to facilitate trade and investment between North
\nAmerica and the African continent.<\/p>\n
Speaking on Thursday from the Bank’s office in New York, the Chief
\nExecutive Officer, UBA America, Ms. Sola Yomi-Ajayi, disclosed that the
\nbank’s major focus and strategy is to enable the flow of development
\ncapital, in line with its commitment to supporting companies achieve
\ntheir aims of international trade between both continents.<\/p>\n
UBA America is the only sub-Saharan African bank licensed to operate a
\nbank in the United States of America (USA) and armed with the fact that
\nits parent company, UBA Group has operations in over 19 African
\ncountries and major financial capitals, continuously hinging on its
\npan-African strength and global connectivity to support African and
\ninternational businesses.<\/p>\n
Speaking specifically on the subsidiaries’ activities and how UBA
\nAmerica has worked to solidify ease of operations of businesses,
\nmultinationals and parastatals in diaspora, Yomi-Ajayi explained that
\nthe bank ramped up its services and invested in necessary technology
\nneeded to propel business growth of these organisations.<\/p>\n
She said, “At UBA America, we deliver treasury, trade finance, and
\ncorrespondent banking solutions to a broad range of customers, including
\nSovereign and central banks; Corporates, Financial institutions,
\nFoundations and Multilateral and development organisations.<\/p>\n
“Overtime, we have leveraged our knowledge, capacity, and unique
\nposition as part of the international banking group – UBA Plc – as we
\nseek to provide exceptional value to our customers around the world,”
\nYomi-Ajayi said.<\/p>\n
With its specific focus on being an enabler of international development
\norganisations, she noted that UBA and indeed UBA America has been
\nworking with Corporate entities, financial institutions and development
\norganisations on the continent, across the bank’s footprints, leveraging
\ndigital banking solutions to meet their needs.<\/p>\n
Continuing, she said, “Our focus viz-a-viz our presence in the US is to
\nsupport American institutions that are operating in Africa. We work with
\nthese institutions to achieve their Corporate Goals on the continent,
\nthrough the provision of innovative Trade, payments, correspondent
\nbanking and treasury solutions.<\/p>\n
It is no wonder therefore that UBA America’s CEO, Yomi-Ajayi who has
\nheaded the bank’s United States operations for several years, was
\nappointed alongside 10 other members into the of United States
\nExport-Import Bank (US EXIM) Sub-Saharan Africa Advisory Committee.
\nAmong other activities, the committee is expected to advise the EXIM
\nBoard on the development and implementation of policies and programmes
\ndesigned to promote its’s activities in sub-Saharan Africa.<\/p>\n
United Bank for Africa Plc is a leading Pan-African financial
\ninstitution, offering banking services to more than twenty-one million
\ncustomers, across over 1,000 business offices and customer touch points,
\nin 20 African countries. With presence in the United States of America,
\nthe United Kingdom and France, UBA is connecting people and businesses
\nacross Africa through retail; commercial and corporate banking;
\ninnovative cross-border payments and remittances; trade finance and
\nancillary banking services”<\/p>\n","protected":false},"excerpt":{"rendered":"
UBA America, the United States’ subsidiary of Pan African financial institution, United Bank for Africa (UBA) Plc, has pledged its continuous commitment to facilitate trade and investment between North America…<\/p>\n","protected":false},"author":1,"featured_media":79353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-79351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other-news"],"yoast_head":"\n