UBA reports strong asset growth and capital boost
United Bank for Africa Plc has reported a 9.4% increase in total assets, reaching N33.2tn. The bank also saw a rise in customer deposits and maintained robust capital levels. Oliver Alawuba and Ugo Nwaghodoh highlighted the bank’s strategic repositioning and commitment to sustainable growth. The Group’s Pan-African operations continue to drive significant contributions to assets, revenue, and profit.
TLDR
- UBA’s total assets grew by 9.4% to N33.2tn for the year ended December 31, 2025, up from N30.3tn at the end of 2024.
- Customer deposits increased by 11.8%, rising from N24.3tn in 2024 to N27.2tn.
- The Group’s capital adequacy ratio stood at 23.2%, with shareholders’ funds reaching N4.25tn in 2025.
- Pan-African operations contributed over 50% of total assets, revenue, and profit, with notable profit growth in West, East, and Southern Africa.
- Oliver Alawuba and Ugo Nwaghodoh emphasized strong core business fundamentals and ongoing investments in innovation and digital offerings.
