BUSINESS NEWS
UNITED BANK FOR AFRICA HONOURED BY THE PRESIDENT AT THE NATIONAL HONOURS AND AWARDS 2023
United Bank for Africa (Ghana) Ltd has been recognized by President Nana Akufo-Addo for the distinguished roles it played during the fight to contain the Covid-19 Pandemic.
The award was presented at the 2023 National Honours and Awards held at the Accra International Conference Centre.
The Bank donated an amount of USD 350,000 equivalent to GHS1,925,000 in 2020 to the Ghana COVID-19 Trust Fund set up by the President.
The donation, which was part of UBA’s Corporate Social Responsibility presented a total of USD14million to various governments in Africa where the Bank has operations. The Bank also with the support of the Bank of Ghana, provided relief to creditors and reduced interest rates. In addition, UBA rescheduled payments to borrowers that were badly hit by the impact of the COVID-19 pandemic.
Commenting on the award, the Regional CEO for UBA West Africa and Managing Director / CEO of UBA Ghana, Chris Ofikulu expressed appreciation to the President for the recognition.
Chris Ofikulu noted, “We didn’t expect this commendation, we were playing our part by responding to the Global emergency call to support our nation in a crisis period but we are grateful to His Excellency for the honour”.
He further stated that, “As a responsible corporate bank in Ghana, UBA will not just operate as a bank but will continually show its support and work with stakeholders to ensure the betterment of the people of Ghana.”
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