The shareholders gave the commendation at the 56th annual general meeting in Lagos. UBA posted profit after tax (PAT) of USD237 million for the 2017 financial year and recommended a total dividend of 0.3 USD cents per share, which was ratified at the AGM. We are impressed with the continuous penetration of the Group’s franchise and market share gain across Africa. UBA has further demonstrated that Africa can nurture great companies and great things can be originated from Africa. In his address to shareholders, Elumelu, said the bank recorded strong growth in both top and bottom lines in 2017.

Source: GhanaWeb April 30, 2018 21:45 UTC