Business, News

UBA Emerges Best Bank In Digital Banking

United Bank for Africa Plc has emerged the best bank in digital banking across Africa. This is an addition to the bank’s growing list of enviable laurels as it has been named Africa’s best bank in the Digital category at the prestigious Euromoney awards in London.

The Euromoney awards ceremony held on Wednesday July 11th, 2018 in London covers more than 20 global product categories, best-in-class awards and the best Banks in over 100 countries around the world, honouring institutions that have demonstrated leadership, innovation, and impact in the markets in which they operate.

The financial institute beat other nominees carting away the prize for Best Institution in Digital Banking across Africa, a confirmation of the bank’s recent investment in technology which gave birth to LEO, the virtual banker.

UBA has steadily included new and emerging trends to its range of solutions in-branches, across subsidiaries and on digital platforms. The emergence of LEO has been a continuous directive to push the banking sector beyond financial services and to show that the bank truly understands the movement of the global world with technology in recent times.

See also  Pastor Biodun Fatoyinbo Denies Raping Timi Dakolo's Wife

Kennedy Uzoka, Group Managing Director/Chief Executive Officer of the bank on receiving the award in London, enthused that; “UBA’s dedication to hard work and particular emphasis to offering quality services to customers are being acknowledged. The award affirms the Bank’s strong management and un-matched commitment to service excellence.”

Kennedy Uzoka, GMD/CEO, UBA Plc with the Best Bank In Digital Banking Award.

“This only goes to show that our resolve in continuing to deploy innovative solutions that place customers first, using cutting edge technology for their collective satisfaction and excellent banking experience is important to us. This recognition will further spur us to do more in meeting the needs of our customers with unrivalled services.”

See also  MASSOB Drops Bombshell

“For us at UBA, the award is quite an accomplishment, considering Mark Zuckerberg, CEO Facebook and President Emmanuel Macron of France’s recent endorsement both of which centred around highlighting the distinguishing value of UBA’s leading digital opportunities.”

“Also, our recent launch of Leo in 15 African countries is evidence that UBA has on its agenda, the objective of digital creativity especially in service for our trusted customer base across the African continent.  This award reminds us as an institution not to relent in our pursuit of excellence and to continue to lead the new digital age in Africa, within the financial services industry.”

Furthermore, Clive Horwood, Euromoney Magazine’s Editor, said; “Despite fierce competition, one bank stood out in the last year for the inventiveness of its efforts in digital banking: United Bank for Africa. One of its signature launches in Nigeria was Leo, an e-chat service using artificial intelligence to help customers execute transactions on Facebook”.

See also  NIICF 2017 Focuses On Social Media Effects On Cyber Security

“Recently, Mark Zuckerberg gave a nod to the service, during a talk at a recent developers’ conference – a sign of its recognition at the highest levels of digital technology. The bank also recently added retina and fingerprint recognition and technology to reduce business travel greenhouse emissions. If it fulfils its ambitious plans to partner with fintech companies, UBA could continue to lead African banks in the area of digitilisation.”