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However, UBA said it has deepened its consumer product offerings with the aim to deliver services that will empower the customers, thus stimulating economic growth on the continent. UBA’s Head, Consumer Lending, Anant Rao, during a virtual media parley said the bank focuses on this critical aspect to ensure that the customers are delighted. “UBA takes consumer lending very important because of the active role it plays in economic development. “And this is why consumer lending is very essential to us, as it is the category of financing centred on individual and household consumers, which includes personal loans extended to people who use the funds for individual or family purposes as well as home and auto loans. ....
UBA leads the pack in SME, business support, economic recovery from COVID impact pulse.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pulse.ng Daily Mail and Mail on Sunday newspapers.
UBA Ahead Of Peers in stimulating Economic Growth in Africa Through Consumer Lending Posted by African ExaminerAfrican News, Business News, Featured, Latest News Thursday, July 1st, 2021 (AFRICAN EXAMINER) – Pan African financial Institution, United Bank for Africa (UBA) Plc has emphasized its unwavering commitment to the support of businesses and financial inclusion in Africa through its array of consumer lending products. There has been clear evidence that credit remains a major economic stimulant and growth driver; but this has been largely inaccessible to the informal sector which dominates the African economies and small businesses that constitute the primary growth engine. Consequently, the bank has further deepened its consumer lending product offerings with an aim to delivering services that will empower the customers, thus stimulating economic growth on the continent. ....
UBA stimulates Local Economic Growth in Africa Through Consumer Lending naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.
Nume Ekeghe The United Bank of Africa (UBA) has revealed plan to aggressively increase its consumer lending portfolio from 10 per cent to about 25 per cent. According to the bank, increasing consumer loans would be a much-needed catalyst to inclusive economic growth. The Group Head Consumer Lending Mr. Anant Rao, said this yesterday, during a virtual media parley where he spoke on the theme: ‘Stimulating Nigeria’s Economic Growth and Impacting People’s Lives.’ He also revealed the bank’s re-launch of its ‘Click Credit’ with a new feature which enables customers access loans in 3 minutes. Speaking on plans to increase its consumer lending, Rao said: “Our guiding principle, I just want to stress is that we have a customer first philosophy which drives what we do in UBA. ....