UBA Named Nigeria’s Best Bank for Retail and ESG in 2026
United Bank for Africa (UBA) Plc (NGX: UBA) was recognized as Nigeria’s Best Bank for Retail and Sustainability Leadership (ESG) at the 2026 Euromoney Awards for Excellence, held on July 17, 2026, at The Peninsula London in the United Kingdom. This recognition underscores UBA’s leadership in sustainable finance and innovative banking solutions, with significant achievements in environmental, social, and governance (ESG) performance.
UBA launched a Green Financing Facility to aid the transition to renewable energy, initiated a ₦5 billion financing program for women-owned businesses in partnership with the Bank of Industry, and committed to achieving net-zero emissions by 2050. The bank also deployed solar-powered energy solutions across 50 branches and trained over 16,000 employees in ESG initiatives.
UBA’s retail banking segment saw its customer base grow to over 37 million by the end of 2025, with retail revenue increasing to ₦429.5 billion. Oliver Alawuba, UBA’s Group Managing Director/CEO, stated that the awards validate the bank's commitment to customer value and sustainable development.
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