…. begins talks with BoG on forex trading license
United Bank for Africa (UBA) Ghana has confirmed that it has initiated discussions with the Bank of Ghana (BoG) following the suspension of its foreign exchange trading license, expressing optimism that the matter will be resolved swiftly and transparently.
In a press statement, the bank reassured customers, stakeholders, and the general public that all customer deposits, transactions, and funds with UBA Ghana remain safe and secure. It further emphasized that the full suite of banking services continues to operate without any disruption.
UBA Ghana also reiterated its unwavering commitment to upholding the highest standards of governance, transparency, and professionalism as it works closely with regulators to address the issue.
“We therefore urge all our customers to continue their normal banking services with confidence, whilst being fully assured of UBA Ghana’s financial strength, resilience, and dedication to serving your needs.”
UBA is a leading Pan-African financial institution and a foremost player in the financial services sector, with over 30,000 employees serving more than 45 million customers across Africa, Europe, North America, and the Middle East. With presence in the United Kingdom, the United States, France, and the United Arab Emirates, UBA provides a full range of retail, commercial, and institutional banking services, leveraging cutting-edge technology and innovation.
UBA commenced operations in Ghana in 2005 and currently operates 31 fully networked branches across the country. The bank is a leader in trade finance, cross-border payments, remittances, and ancillary banking services.
