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The Ordinary General Meeting of Shareholders of the United Bank for Africa (UBA-Senegal) was held on June 8, 2018 at the Bank's headquarters on the Route des Almadies, under the direction of Mr. Fogan SOSSAH, Chairman of the Board of Directors
This meeting attended by the Shareholders of the bank, as well as the Director General of UBA-Senegal, Mrs. Amie Ndiaye SOW, allowed the Board of Directors to present its annual report as well as the accounts of the exercise. It was also an opportunity for shareholders to renew their confidence in the executive bodies of the bank and all its staff. The general report and the special report of the Statutory Auditors presented to the General Assembly did not mention any reservations in the certification of the accounts for the financial year.
UBA Senegal closed the 2017 financial year with an increase in its total balance sheet from F CFA 208,316 to F CFA 245,063 billion between December 2016 and December 2017. The net result at December 31, 2017 amounted to F CFA 7.2 billion against F CFA 5.6 billion in 2016, making UBA Senegal the most profitable subsidiary of the group.
"UBA Senegal has been able to make itself a remarkable place on the Senegalese market, by making available to its customers, products and services of excellent quality, which earned it the Bank of the Year for the sixth time in a row by The Financial Times' prestigious "The Banker" magazine, "reports the bank.
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