United Bank for Africa (UBA) has officially signed an agreement to begin full banking operations in France.
The agreement was signed in the presence of Nigerian President Bola Tinubu and French President Emmanuel Macron during President Tinubu’s ongoing state visit to France.
Guardian reports that the chairman of UBA Group, Tony Elumelu, expressed optimism about the partnership at the signing, emphasising UBA’s commitment to delivering seamless international banking services.
He stated.
Elumelu further explained that the move into France is a strategic one, positioning Paris as UBA’s European Union hub, Punch reports.
He added:
Zenith Bank Plc has launched a new branch in Paris, France.
The bank announced the commissioning of its Paris branch on Wednesday, November 28, 2024, saying that the Minister of Finance, Wale Edun, performed the commissioning ceremony.
Zenith Bank, Paris is a subsidiary of Zenith Bank UK Limited, a subsidiary of Zenith Bank Plc.
Ealier, TimesNow.com.ng reported that Nigerian commercial banks have recorded an increase in customer deposits so far in 2024 despite the economic situation
United Bank for Africa leads the list, followed by Access Holdings, the parent company of Access Bank
The CBN has consistently assured Nigerians that banks are safe and funds in customers’ accounts are fully secured.
Source: TimesNow.com.ng
