Social Responsibility
UBA Foundation
As one of West Africa's largest and most profitable banks, there is a need for a social contract between the bank, the community and its people. United Bank for Africa became the first bank in Nigeria to institute a foundation, UBA Foundation. Funded with 1% of PBT, UBA Foundation is committed to the socio-economic betterment of the communities in which the bank operates, focusing on development in the areas of Environment, Education, Economic Empowerment and Special projects ("EEES"). More specifically:
- Environment (beautification, waste-management systems, etc.);
- Education (the provision of tertiary scholarships, learning interventions and events, etc.);
- Economic Empowerment (providing facilities and amenities, employing street people to assist with cleaning and gardening services, enabling micro-credit schemes to budding traders);
- Special Projects (various community development initiatives and infrastructure projects). UBA Foundation has been recognized with a number of awards such as the SIAO, Emerging Top in Corporate Social Responsibility(CSR) Award.
Read more about this topic: United Bank For Africa
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