United Bank for Africa (UBA) Plc has commenced full banking operations in Mali, extending its footprint and fulfilling the aspiration of deepening banking penetration in Africa.
The launch of UBA MaliĀ brings to 20 the number of African countries where the group currently operates, with global operations in the United States, United Kingdom and France.
A statement from the bank, yesterday, said the latest addition in Mali was occasioned by the President of the Republic of Mali, Mr Ibrahim Aboubacar Keita, who gave an unprecedented speech at the opening ceremony.
āāTony promised it and he did itāā, said the president, referring to UBA Groupās Chairman, Mr Tony Elumelu, on his promise made several years ago to bring UBA to Mali. The Malian president praised UBA Group for the vision to expand the bankās footprint to Mali. In his response, as he welcomed the dignitaries and all stakeholders present at the launch, Mr Elumelu, asserted UBAās sustainability principles and philosophy.