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Thursday, January 31,
2019 02.34PM / Press Release
United Bank for Africa (UBA) Plc has indicated its
readiness to support the Japanese government in its drive to promote Small and
Medium Scale Enterprises across Africa.
The Chairman, UBA Group, Mr. Tony Elumelu,
indicated this on Monday, when the members of the Japan External Trade
Organisation (JETRO), led by its CEO, Mr. Hiroyuki Ishige, were hosted at a
cocktail at the UBA House, in Lagos, Nigeria.
Elumelu who welcomed the guests, noted that the deliberations
had earlier begun in Davos, Switzerland, adding that like UBA, JETRO shared the
passion for transforming lives and helping to build businesses and trade across
the world.
Pix (L – R): Chairman/CEO, Japan External Trade Organization (JETRO), Mr. Hiroyuki Ishige and Chairman, United Bank for Africa(UBA) Plc, Mr. Tony Elumelu, during the talk between JETRO and UBA to promote medium and small scale enterprises across Africa, in Lagos on Monday
According to Elumelu, “When global leaders visit
a country, they bring global attention. These investors who came from Davos
have seen Nigeria as a business destination and have come to the country for
the first time to visit us and see how things work here. The fact is that we
all share the same passion to help transform lives and businesses around the
world’.
Continuing, Elumelu said to the Japanese
delegation, “We are aware of the various investments you have made recently
to develop Africa and African businesses and this is what we also stand for at
UBA, developing enterprises across the African continent. We believe that this
visit will mark significant milestones and progress as we work towards
empowering the youths and small and medium scale businesses.”
Elumelu stated that collaborations and partnerships
such as these will help towards employment creation, poverty alleviation and
building sustainable businesses that contribute towards economic growth.
Ishige who was full of praises for the bank’s
management, noted that he found Nigeria very interesting with many wonderful
opportunities for investment.
He remarked that JETRO aims to contribute to
further development of Japan's economy and society through promoting trade and
investment as well as research in developing countries. “We like what we have
seen here and we want to seize this opportunity to invite UBA to our oncoming
Afro Japanese Summit which will be taking place in Yokohoma, Japan this August.
“I am convinced it will be a great opportunity
for both countries to showcase themselves and come together towards the common
aim of building and supporting small and medium scale businesses”, the
Japan Trade boss said.
He explained that JETRO through its domestic and
oversea networks supports small and medium enterprises, adding that
the organisation cooperates with relevant organizations, local governments,
etc. to provide services that match the needs of the company.
Pix (L – R): Group
Managing Director/CEO, United Bank for Africa (UBA) Plc, Mr. Kennedy Uzoka;
Chairman/CEO, Japan External Trade Organization (JETRO), Mr. Hiroyuki
Ishige; Chairman, United Bank for Africa(UBA) Plc, Mr. Tony Elumelu; and
Senior Director for Global Strategy, JETRO, Mr. Makoto Matsumura, during
the talk between JETRO and UBA to promote medium and small scale enterprises
across Africa, in Lagos on Monday
As a company, the Japan Trade organisation fully
utilizes domestic and overseas networks consisting of about 50 domestic bases,
promotes investment, agriculture, forestry and fishery products.
“We will actively and efficiently work on
exporting food products and on supporting overseas expansion of small and
medium-sized enterprises, and contribute to Japanese corporate activities as
well as trade policies through surveys and research”, Ishige said.
United Bank for Africa Plc is a leading pan-African
financial services group, with operations in 20 African countries, as well as
the United Kingdom, the United States of America and presence in France. UBA
was incorporated in Nigeria as a limited liability company after taking over
the assets of the British and French Bank Limited who had been operating in
Nigeria since 1949.
The United Bank for Africa merged with Standard
Trust Bank in 2005 and from a single country operation founded in 1949 in Nigeria
- Africa's largest economy - UBA has become one of the leading providers of
banking and other financial services on the African continent. The Bank
provides services to over15 million customers globally, through one of the most
diverse service channels in sub-Saharan Africa, with over 1,000 branches,
customer touch points and robust online and mobile banking platforms.
Pix (L – R): Deputy Group Managing Director, United Bank for Africa(UBA) Plc, Mr. Victor Osadolor; Group Managing Director/CEO, UBA Plc, Mr. Kennedy Uzoka; Chairman/CEO, Japan External Trade Organization (JETRO), Mr. Hiroyuki Ishige; Chairman, UBA Plc, Mr. Tony Elumelu; and Senior Director for Global Strategy, JETRO, Mr. Makoto Matsumura during the cocktail reception in honour of visiting JETRO executives and Japanese businesses and discussions on supporting medium and small scale enterprises across Africa in Lagos on Monday.
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