UBA Customer Loans Increased To N2.83 Trillion In 2021 – Elumelu

THE Chairman of United Bank for Africa, Tony Elumulu, stated on Thursday that the firm was able to drive down its non-performing loans to a historic low of 3.6 percent in 2021, despite the bank’s loan book growing to N2.83 trillion in the same year. He announced this in the bank’s 2021 Annual Report and Accounts, which were issued at the bank’s 60th Annual General Meeting in Abuja. Elumelu informed shareholders and investors that the bank was committed to maintaining its present growth trajectory, adding that its efforts to diversify its operations across Africa and beyond had continued to deliver […]