UBA Named Nigeria’s Best Bank for Retail and ESG in 2026
United Bank for Africa (UBA) Plc received dual accolades at the 2026 Euromoney Awards for Excellence, being named Nigeria’s Best Bank for Retail and Sustainability Leadership (ESG) on July 17, 2026, at The Peninsula London, United Kingdom. This recognition highlights UBA's significant achievements in environmental, social, and governance (ESG) performance, including the introduction of a Green Financing Facility aimed at supporting the transition to renewable energy, a ₦5 billion financing initiative in collaboration with the Bank of Industry to empower women-owned businesses, and a commitment to achieving net-zero emissions by 2050.
UBA also implemented solar-powered energy solutions across 50 branches and trained over 16,000 employees in ESG practices. In the retail banking sector, UBA expanded its customer base to over 37 million by the end of 2025, with retail revenue increasing to ₦429.5 billion.
Oliver Alawuba, UBA’s Group Managing Director/Chief Executive Officer, stated that the awards validate the bank's commitment to customer value and sustainable development.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
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