UBA Ghana wins SME Bank award

United Bank for Africa (UBA) Ghana has been named as the Best SME Bank 2023 by the Ghana Credit Excellence Awards.

The awards aim to recognise and celebrate the top-perform­ing banks, non-bank financial institutions, and individuals across various categories within Ghana’s banking and non-bank­ing financial industry.

Chris Ofikulu, the Managing Director of UBA Ghana and RCEO of UBA West Africa, expressed his gratitude for the award, saying, “We are thrilled to be honoured for our contribution to Ghana’s SMEs sector. This award is a testament to the bank’s unwavering commitment to sup­porting and delivering unique ser­vices to small and medium-sized enterprises (SMEs) in Ghana.”

He said, “Over the years, in addition to UBA SME Banking offering an exciting range of services, UBA Ghana has taken the initiative to offer Capacity Building workshops for SMEs to give them the requisite knowledge and resources to help scale up their businesses.”

Mr Ofikulu highlighted the vital role SMEs play in every economy and pointed to recent partnership with the African Continental Free Trade Area (AfCFTA), involving a $6-billion investment in African SMEs, and collaboration with the United Na­tions Development Programme to assist youth and women-led Micro, Small, and Medium-scale Enterprises.

Those initiatives, he said, aimed at helping SMEs to expand their businesses, boost employ­ment opportunities, increase revenue, and contribute to envi­ronmental sustainability


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