Nigerian Billionaire and Chairman of the United Bank for Africa (UBA), Tony Elumelu has launched Ucee Microfinance Bank, a subsidiary of United Capital Plc, a leading investment and financial services group.
Tony Elumelu performed the unveiling ceremony in Lagos, accompanied by a delegation of top executives, including Stephen Nwadiukpo, Chairman of Ucee MFB, Peter Ashade, Group CEO of United Capital Plc, and Esther Adeola-Balogun, Managing Director/CEO of Ucee MFB.
According to Elumelu, the new bank is committed to improving lives, creating prosperity, and helping society live comfortably. Elumelu expressed hope that the new bank would surpass the collective expectations of the group, consumers and the Nigerian public.
He expressed confidence in the bank’s leadership’s ability to take it beyond Nigeria’s shores.
Ashade said that Ucee MFB strives to drive financial inclusion and increase access to capital financial services in line with the Central Bank of Nigeria (CBN) objectives.
Adeola-Balogun explained that the new microfinance bank was digitally focused on bridging the gap between digital and traditional microfinance banking operations.
She said that beyond profit-making, the Ucee MFB was ready to impact the lives of Nigerians.
According to her, the bank’s medium of reaching the Nigerian public is via its mobile app, a one-stop shop for all its products and services.
