Home BusinessBanking Nigeria: UBA Deepens Retail Banking With Digital Channels’ Expansion

Nigeria: UBA Deepens Retail Banking With Digital Channels’ Expansion

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The United Bank for Africa (UBA) Plc has deepened its retail products and services with an aim to delivering services aimed at meeting the needs of its customers across Africa.

The services and product offerings, targeting at all classes of customers have been specifically tailored to meet the unique needs of individual customers of the bank, in line with the customer first policy of the bank.

UBA’s Head of Retail Liabilities, Ogechi Altraide, who spoke during a virtual international media parley with journalists from all over Africa, pointed out that bank was well prepared ahead of the Covid-19 pandemic and had rolled-out a number of products that enabled customers to carry out their daily transactions with ease from the comfort of their homes.

She said, “At UBA, we have developed very deep and customer-centric solutions that have given us number one ranking over time. Our retail footprint cuts across 20 African countries, where we serve over 20 million customers through well researched platforms including over 20,000 point of sales (PoS) as well as 3,000 ATMs deployed across the continent.

“We have well over 10 million active cards, while our very active and highly applauded Mobile App and USSD platforms serve several millions of subscribers every second.”

Continuing, Altraide said, “Our retail banking platforms cater to all ages and classes with the kiddies and teens account – where parents can earn rewards and bonuses for saving for their kids, while also enjoying support in terms of scholarships and health insurance; Next Gen Account – which caters for young adults; mass marketing segment – made up of low to mid income earners; affluent banking for the premium banking experience as well as SME banking, which caters to meeting the needs of a niche industry essential for the growth of any economy.”