United Bank for Africa (UBA) is a Nigerian multinational financial company, conducting business mainly across the African continent. UBA is a universal bank providing retail, corporate and investment banking products and services.
United Bank for Africa Plc has Category B banking license number 87028 issued by the Cayman Islands Monetary Authority. This type of license allows United Bank for Africa Plc to conduct banking and trustee operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in the Cayman Islands: in the case of United Bank for Africa Plc failure its depositors will not get any compensation.
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
There is no deposit guarantee scheme in the Cayman Islands.
In the case of United Bank for Africa Plc failure its depositors will not be paid out any compensation.
United Bank for Africa Plc operates under the brand name United Bank for Africa. This banking brand has presence in the following European countries and selected dependent territories of the European countries: